Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 17 million loan to <i>Ventos de Santo Abelardo Energias Renovaveis SA</i> under the <i>BNDES finem</i> scheme (December 2020)

Announcement

29 Dec 2020

In December 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ventos de Santo Abelardo Energias Renovaveis SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

29 Dec 2020

Revocation date:

No revocation date

State loan In force

On 29 December 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 90 million (approx. USD 17 million) loan to Ventos de Santo Abelardo Energias Renovaveis...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 90 million (approx. USD 17 million) loan to Ventos de Santo Abelardo Energias Renovaveis SA granted on 29 D...

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