Global Trade Alert
Global Trade Alert

Brazil: BNDES provides loans to Be8 for producing ethanol and bran from the processing of cereals

Announcement

28 Mar 2024

In March 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved two loans with Be8.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

3 in force

Implementation date

28 Mar 2024

Revocation date:

No revocation date

State loan In force

On 28 March 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 500 million (USD 99.9 million) loan with Be8. The loan will finance the construct...

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State loan In force

On 28 March 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 229.7 million (USD 45.9 million) loan with Be8. The loan will finance the constru...

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Local content incentive In force

The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BBRL 500 million (USD 99.9 million) loan to Be8, granted on 28 March 2024 by the National Bank for Econ...

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