Announcement
06 May 2015
On 6 May 2015, the Brazilian Development Bank (BNDES) announced to support ten wind power projects with 773.2 million real (USD 251 million). The total investment amounts to 1.2 billion real (USD 390 million). 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
06 May 2015
Revocation date:
04 Jan 2016
Last action: 06 May 2015
Local content incentive
In the windfarm projects with a total financing volume of USD 251 million, the Brazilian Development Bank imposes strict local content requirements on the production of wind turbines, e.g., towers and...
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Last action: 06 May 2015
State loan
The BNDES loans are dedicated to two projects. First, 621.2 million real (USD 202 million) are reserved for seven wind parks by Ventos de Săo Tito Holding S.A. in the municipality Simőes in the state ...
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