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: 2698 (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
iBEM26
Artificial Intelligence drives increased demand for elec...
02/03/26
FIRJAN
Despite Tariff Hikes, Oil Drives Rio's Trade Flow Up 9% ...
27/02/26
Royalties
December Production Royalty Payments Distributed to Stat...
26/02/26
Award
BRAVA Energia Wins Top Honor at OTC Houston for Atlanta ...
26/02/26
Strategic Agenda
ABPIP Presents 2026 Strategic Agenda to Chairman of the ...
26/02/26
People
TVO Enhances Project Management Expertise
26/02/26
Memorandum of Understanding
Wärtsilä and Abu Dhabi Maritime Academy explore collabor...
12/02/26
Pre-Salt
Petrobras platform P-79 arrives at the Búzios field
12/02/26
Results
Petrobras’ oil and gas production rises 11% and reaches ...
12/02/26
Permanent Offer
Comprehensive and Unprecedented Joint Statement Speeds U...
12/02/26
PPSA
MME and MMA Clear Strategic Pre-Salt Areas, Enabling the...
12/02/26
Biomethane
Biomethane in Focus with Debate on Credit, Regulation, a...
12/02/26
People
Mario Ferreira is the New Commercial Manager at Wiz Corp...
11/02/26
Macaé Energy
Macaé Hosts Strategic Energy Fair Focused on Business Ge...
28/01/26
Macaé Energy
Macaé Energy 2026 Anticipates Major Debates and Begins C...
27/01/26
Visas Agreement
Brazil implements electronic VISIT Visa for Chinese citizens
22/01/26
Biofuels
Sifaeg Highlights New Investment Cycle and the Consolida...
21/01/26
Drilling
Foresea’s Norbe IX Drillship Undergoes Scheduled Mainten...
21/01/26
State of Ceará
Companies from Ceará lead the H2MOVER-Pecém project, sel...
08/01/26
Maritime Support
Ambipar carries out more than 600 port and maritime emer...
07/01/26
Petrobras
Petrobras celebrates 20 years of the Santos Basin Unit
07/01/26
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.