Project ID: 60698

ICBC Loans $5,632,910.05 to Forespel in February 2015

Commitment amount

$ 6321677.334750756

Adjusted commitment amount

$ 6321677.33

Constant 2021 USD

Summary

Funding agency [Type]

Industrial and Commercial Bank of China (ICBC) [State-owned Commercial Bank]

Recipient

Brazil

Sector

Energy (Code: 230)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

No

Category

Intent

Commercial (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2015-02-01

Description

In February 2015, the Industrial and Commercial Bank of China loaned $5,632,910.05 to Forespel Energia Renovauvel de Pellets S.A.The loan terms and use of the loan are unclear. The Central Bank of Brazil lists the registration of the loan as complete, however the current status is unclear.

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Forespel Energia Renovável De Pellets S.A. [Private Sector]

Loan Details

Bilateral loan