ANNOUNCED AS TEMPORARYNo
BNDES' financial support for the Santa Vitória do Palmar Wind Power Complex, in Rio Grande do Sul, by Brazilian Atlantic Energias Renováveis S.A. has a value of BRL 679 million (USD 217.07 million). The funding consists of BRL 449 million provided under BNDES FINEM and BRL 230 million under the Regional Development Bank of the South Region.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries.
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