IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 19 Feb 2015 | Removal date: 19 Nov 2017
Still in force

State loan

On 19 February 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a BRL 34.8 million loan (circa USD 12.2 million at the time of the measure) allocated to Aeris Indústria e Comércio de Equipamentos para Geração de Energia S.A., a local company engaged in the manufacturing of wind turbines. The objective of these resources is to finance the production of wind turbines using high-performance structural materials focussing in particular on pultruded carbon fiber.

The repayment deadline for the credit has been set to 19 November 2017.


FINEP lending
The resources enclosed on the programs managed by FINEP are limited to Brazilian companies and seek to boost the national and international competitiveness of these businesses.

The interest rates set on the credit lines are composed of the long-term interest rate (TJLP) plus a supplement ranging between 1.5% and 7%, depending on the credit line and the repayment period.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

461 Electric motors, generators & transformers; parts
8502 Electric generating sets and rotary converters.
850231 Windpowered

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