Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 35 million loan to <i>Ventos de Sao Ciriaco Energias Renovaveis SA</i> under the <i>BNDES finem</i> scheme (April 2021)

Announcement

30 Apr 2021

In April 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ventos de Sao Ciriaco 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

30 Apr 2021

Revocation date:

No revocation date

State loan In force

On 30 April 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 191 million (approx. USD 35 million) loan to Ventos de Sao Ciriaco Energias Renovaveis SA. ...

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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 191 million (approx. USD 35 million) loan to Ventos de Sao Ciriaco Energias Renovaveis SA granted on 30 Apr...

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