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
Last action: 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 real...
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Last action: 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., towers ...
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