Tag: BNDES

BNDES approves $79.2M for CMAA to expand ethanol and bioenergy production

BNDES approves $79.2M for CMAA to expand ethanol and bioenergy production

January 14, 2025 |

In Brazil, the National Bank for Economic and Social Development (BNDES) approved financing totaling R$480 million for the industrial units of Companhia Mineira de Açúcar e Álcool (CMAA) to expand ethanol production and energy generation from biomass. sugarcane, and for industrial modernization and equipment acquisition. With R$220 million from the Climate Fund, Vale do Pontal […]

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BNDES approves $163.6M financing for Raizen’s 82M liter 2G ethanol plant

BNDES approves $163.6M financing for Raizen’s 82M liter 2G ethanol plant

January 8, 2025 |

In Brazil, National Bank for Economic and Social Development (BNDES) approved financing totaling R$1 billion for Raízen Energia S/A to build a second-generation Cellulosic Ethanol Unit, E2G, in Andradina (SP), with an installed production capacity of up to 82 million liters per year. With resources from the BNDES Mais Inovação Program (R$500 million) and the […]

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The Brazilian Development Bank OKs $88M of financing for Coamo’s corn ethanol plant

The Brazilian Development Bank OKs $88M of financing for Coamo’s corn ethanol plant

October 16, 2024 |

In Brazil, the Brazilian Development Bank (BNDES) has approved financing worth R$500 million for Coamo Agroindustrial Cooperativa to build a corn ethanol production plant in the city of Campo Mourão (PR). With resources from the Climate Fund, the plant will have the capacity to process 1,700 tons of corn per day and produce 765,000 liters […]

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Brazilian development banks open $1B funding call for sustainable fuels

Brazilian development banks open $1B funding call for sustainable fuels

August 26, 2024 |

In Brazil, the National Bank for Economic and Social Development (BNDES) and the Financier of Studies and Projects (Finep) launched in Brasília (DF), a joint public call aimed at selecting business plans for development and implementation of biorefineries, which aim to produce sustainable fuels, including sustainable aviation fuel (SAF) and navigation fuels. R$6 billion in […]

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BNDES finances two biomethane plants with a total of $46.9M

BNDES finances two biomethane plants with a total of $46.9M

December 6, 2023 |

In Brazil, the National Bank for Economic and Social Development (BNDES) adds around R$230 million in two new financings for biomethane production. In the Essencis Biometano SA project, the Bank contracted financing of R$93.8 million for the construction of a biomethane plant in the largest landfill in Latin America and the 3rd largest in the […]

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