0 MW platform turbines are very well-suited for Brazilian wind conditions, and the FINAME II accreditation will allow Vestas customers to leverage BNDES attractive financing, says President of Vestas Mediterranean, Marco Graziano.
93% of the 2019 Notes (including 2019 Notes held in treasury by BNDES and its affiliates);
The BNDES is the main financing agent for development in Brazil.
The acquisition of the interests in Chapada I and Asa Branca will close imminently upon the approval of BNDES - Banco Nacional de Desenvolvimento Economico e Social, who financed both projects.
In non-Portuguese speaking countries, the Bndes
has been active in the oil-rich Ghana and Equatorial Guinea, as well as South Africa.
55bn to build a 150,000 b/d refinery; $340m in grants and loans to supply oil and nine power generators; $20m for the BNDES branch there to provide low-interest agricultural loans; $88m in grants and loans for tractors, AIDS treatment, sending 86 Nicaraguan athletes to sports tournament, 100,000 Hepatitis B vaccines, etc.
Jim French, Flybe's chairman and chief executive, said: "The BNDES financing secures all our planned aircraft financing requirements through to July 2014 and is an important milestone for Flybe, sending out a very clear message that our business is in robust financial health.
The BNDES credit will reactivate the assembly line and also pay for other buses assembled at a Mercedes-Benz plant in Egypt.
Created in 1952 as a development agency, BNDES was converted into a bank in 1971.
This loan follows loans made to BNDES in March 2011, March 2014, and March 2015.
The direct credit line approved by the BNDES will be used to finance a significant part of the multi-year investment plan for the three-year period ending in fiscal 2006, with a focus on the construction of facilities at the GOL Aircraft Maintenance Center at the Confins International Airport in Minas Gerais, the acquisition of nationally manufactured equipment, the acquisition and customisation of nationally manufactured software, and the technical training of employees.
President Lula, Governor Souto and BNDES have many reasons to be proud of this project.