BNDES - Brazilian Development Bank

Where am I? Home page  >>  Press Room  >>  News  >>  2018

BNDES projects R$54 billion for new infrastructure financing for the 2018-19 biennium


2017 closed with growth of 26% in bidding for new financing and 13% in disbursements

The energy sector presented the largest growth: 52% in financing and 69% in disbursements


Infrastructure financing of the Brazilian Development Bank (BNDES) may reach approximately R$54 billion between 2018 and 2019, according to projections of the Bank’s Board of Directors of Infrastructure. The majority of the financing – about 60% of the total – will come from investments in energy (generating, transmitting and distributing). BNDES has prioritized renewable energy sources in this sector, especially solar and wind power. This estimate was made from projects already covered or under review at the Bank that total R$ 35.9 billion, plus a projection of about R$ 18 billion from new financing from energy auctions. 

The Bank’s infrastructure area registered a significant growth in 2017 when compared to 2016. The bidding of projects grew 26%, from R$ 15.16 billion (2016) to R$ 19.45 billion (2017), while disbursements increased by 13%, from R$ 17.54 billion (2016) to R$ 19.83 billion (2017).

This growth was driven by the energy projects: binding agreements grew 52%, while disbursements increased by 69%. The growth compensated the reduction in the areas of sanitation, urban mobility and logistics, where the contracting decreased by 44% and the disbursements by 23%. The decrease was a result of different factors, such as the problems faced by projects that had partners involved in the Operação Lava-Jato (Operation Car Wash, investigation into corruption), and the reduction in the number of auctions for highways and airports concessions in previous years.

“In these two years, we should have about R$ 32.6 billion in new financing from BNDES for the energy area. But other areas will also have significant growth, especially in the sector of logistics, with highways, railways, and waterways. Despite the economic crisis, we started 2018 with a lot of work and many projects to support” said the Managing Director of the BNDES Infrastructure Division, Marilene Ramos.


Recent News  Recent News
In an event with TCU, BNDES presents a platform of expanded transparency
Regarding the variable income operations, the consultation tool provides data on divestitures in companies, remuneration and market value of the portfolio.
BNDES registers a net income of R$ 6.36 billion up to September
The performance of the shares in other companies of all the BNDES System (including BNDESPAR) between January and September this year reflected the growth of R$ 1.98 billion (119.5%) in the result of divestitures, especially the sale of shares of Petrobras, Eletropaulo and Vale. At the end of September, the participation of the BNDES System in Petrobras was 15.24%, compared with 16.54% in December 2017.