Ethanol

BNDES Approves $222 Million in Loans for Brazil Ethanol Plants

Abengoa SA and three other companies were approved to receive about 592 million reais ($222 million) in government loans for four sugar and ethanol projects in Brazil.

Bloomberg
19/12/2014 14:05
Visualizações: 3125 (0) (0) (0) (0)

Abengoa SA and three other companies were approved to receive about 592 million reais ($222 million) in government loans for four sugar and ethanol projects in Brazil.

 

Abengoa Bioenergia Agroindustria will receive 309.6 million reais for a project capable of producing 64 million liters (16.9 million gallons) of ethanol per crop, Brazil’s Banco Nacional de Desenvolvimento Economico e Social, or BNDES, said in an e-mailed statement today.

 

Biovertis Producao Agricola Ltda. will get 139.3 million reais to produce energy-intensive sugarcane. Raizen Energia SA will get a 4.5 million-real loan for technical improvements to reduce costs at a project, and Cerradinho Bioenergia SA’s 138.8 million reais will go toward buying machinery and research and development.

 

Most Read Today
see see
Event
Asset Management gains prominence in corporate strategy;...
11/08/26
Macaé
Foresea takes part in WSOP 2026 and reinforces that safe...
11/08/26
Sergipe-Alagoas Basin
Siemens Energy advances offshore expansion in Brazil wit...
10/08/26
Campos Basin
Raia Project Reaches New Milestones in One of Brazil’s M...
06/08/26
Permanent Offer
ANP Takes Part in Ceremony Marking the Signing of Contra...
05/08/26
SOG 2026
ABPIP Strengthens Territorial Development Agenda in Serg...
04/08/26
SOG 2026
SOG26 Surpasses the Previous Edition and Reinforces Serg...
03/08/26
People
Shell Brasil Begins a New Leadership Cycle with João San...
03/08/26
Results
ANP Releases Consolidated Data on Oil and Gas Production...
03/08/26
SOG 2026
Banco do Nordeste Has R$ 504 Million for the Energy Sect...
03/08/26
PPSA
TotalEnergies and ExxonMobil Win Atapu and Bacalhau Cargoes
31/07/26
SOG 2026
Sebrae Sergipe Strengthens Small Businesses and Expands ...
31/07/26
PPSA
PPSA Expects to Hold the First Auction of the Union’s Na...
30/07/26
SOG 2026
Sergipe Oil & Gas 2026 Begins with a Focus on Investment...
30/07/26
SOG 2026
Petrobras Director Opens Sergipe Oil & Gas with Analysis...
30/07/26
FIRJAN
Agrega + Indústria brings together entities, companies, ...
29/07/26
SOG 2026
ABPIP brings to Sergipe Oil & Gas a debate on strengthen...
28/07/26
Event
BR Aviation presents its portfolio of customized solutio...
23/07/26
Royalties
Royalties: amounts referring to May production distribut...
23/07/26
Fuels
Fuel and lubricants sector registers 1.8% drop in June, ...
22/07/26
IBP
Studies point to redundancy of the export tax and extra ...
22/07/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2