China Development Bank provides $6,092,471 loan to State Grid Brazil Holding S.A.

Funder	China (People's Republic of)
Recipient Organization	Brazil
Country	Brazil
Start Date	Aug 16, 2013
End Date	Nov 17, 2027
Duration	5,206 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`60048`

Grant Description

China Development Bank loans $6,092,471 to State Grid Brazil Holding S.A.

On December 20, 2013, CDB provided a $6,092,471 loan to State Grid Brazil Holding S.A. for its sub-company Ribeirão Preto Transmissora de Energia S.A. (RPTE). SGID is a state-owned Chinese company that handles investment, construction, and operations of power grids.

📋 Loan / Grant Terms

💰 Loan Amounthas an interest rate of LIBOR + 0

Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.