ANNOUNCEMENT 19 Feb 2015

The Brazilian government-funded Company of Innovation and Research (FINEP) approved a BRL 34.8 million loan to Aeris Indústria e Comércio de Equipamentos para Geração de Energia S.A.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Brazilian Company of Innovation and Research. Empresa Brasileira de Inovaçao e Pesquisa. Projetos contratados e valores liberados. Retrieved on 02/05/2018. Available at: http://finep.gov.br/acesso-a-informacao-externo/transparencia/projetos-contratados-e-valores-liberados

Brazilian Company of Innovation and Research. Empresa Brasileira de Inovaçao e Pesquisa. Financiamento Reembolsável. Available at: http://finep.gov.br/component/content/article/120-apoio-e-financiamento/tipos-de-apoio/financiamento-reembolsavel/42-financiamento-reembolsavel

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 SECTORS

 

AFFECTED PRODUCTS