Global Trade Alert
Global Trade Alert

Brazil: BNDES and WEG sign loan to renovate and build a factory for battery energy storage systems in Itajaí

Announcement

04 Feb 2026

In February 2026, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with WEG.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Feb 2026

Revocation date:

No revocation date

Updated: 04 Feb 2026
State loan In force

Recent update from 04 Feb 2026:

On 4 February 2026, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and WEG signed a BRL 280 million (USD 53.4 million) loan. The loan will finance the renovat...

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Updated: 04 Feb 2026
Local content incentive In force

Recent update from 04 Feb 2026:

The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BRL 280 million (USD 53.4 million) loan to WEG, granted on 4 February 2026 by the National Bank for ...

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