Global Trade Alert
Global Trade Alert

Brazil: BNDES finances 22 wind farms with USD 570 million

Announcement

15 Jan 2015

On 15 January 2015, the Brazilian Development Bank (BNDES) announced that it is going to finance 22 new wind farms with 1.7 billion real (USD 570 million) in the Northeast Region of Brazil. The financing for these farms entails the condition to source part of the construction inputs from Brazil.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Jan 2015

Revocation date:

No revocation date

Updated: 15 Jan 2015
State loan In force

The 22 new, privately-owned wind farms goes into four regions: (1) 580.8 million real (USD 193.82 million ) for seven wind farms with 107 wind turbines in the state of Pernambuco; (2) 555 million r...

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Updated: 15 Jan 2015
Local content incentive In force

In the 22 windfarm projects with a total financing volume of USD 570 million, the Brazilian Development Bank imposes strict local content requirements on the production of wind turbines, e.g., towe...

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