The National Bank for Economic and Social Development (BNDES) will provide additional financing for the company Albioma Codora Energia to implement a biogas production line at the cogeneration plant in Goianésia/GO. The supplementation operation, in the amount of up to R$ 11.8 million, together with the original financing of R$ 13.3 million, will increase the generation of biogas from the use of vinasse, which is the product from the liquor fermentation of sugar cane alcohol. The modernization of the plant takes place within the scope of the Finem Fundo Clima, with the Bank's resources representing 83% of the project's total investment (R$ 30.4 million).

Albioma Codora started producing energy from sugarcane bagasse in 2011, and in 2015 it incorporated the use of straw in the process. With the project, vinasse becomes another input for power generation. The project is expected to increase energy exports at the Goianésia plant by 22 GWh, with total production expected to reach 200 GWh without increasing installed capacity. The supplementary energy will be destined to the regulated and free markets.

The production of electricity and biomethane is considered clean energy, as it reduces the emission of organic methane and carbon dioxide in the atmosphere. The low climate impact makes the activity of processing waste profitable. Biomethane emits 85% less greenhouse gases than diesel, for example. This makes this biofuel have one of the lowest carbon footprints, which positions it as an important product in the new sustainable energy matrix.

The operation financed by BNDES includes specialized technical services, civil works and installations. Actions will be carried out such as earthworks, excavation of tanks for vinasse, construction of a building, street layout and bases for installations. The equipment, in turn, includes supply and recirculation pumps, dryer, biogas burner, laboratory items, flare, foam separator, valves, among others.

About Albioma Codora
Albioma Codora Energia, controlled by Albioma Participações do Brasil Ltda, is one of the companies of the Albioma group. Of French origin, the group operates as an independent producer in the renewable energy sector. Its portfolio of projects includes, mainly, power plants based on sugarcane biomass and solar energy. Albioma has 12 cogeneration units distributed among Brazil, Reunion Island, Guadeloupe, Martinique and Mauritius, in addition to solar energy generation units. In 2013, it started operating in Brazil, the country being its priority as it is the largest ethanol producer in the world with great potential for cogeneration from sugarcane waste.

About Finem Climate Fund
The Climate Fund is one of the instruments of the National Policy on Climate Change that guarantees resources for projects and the financing of undertakings whose objective is to mitigate climate change. The Climate Fund has Renewable Energies as one of its nine subprograms, to support technological development and the productive chain of the renewable energy sector.