Companhia Mineira de Acucar e Alcool

CMAA Ethanol Production Expansion Project - BNDES Financing

Industry
Agriculture/food chain/Agribusiness
Area of finance
Development Bank Finance
Region
Latin America
Latin America
Countries
Brazil

Project Overview

BNDES has approved financing of BRL480 million (about $78.4 million) for CMAA to invest in ethanol production, biomass energy generation from sugarcane, and the modernisation of its industrial units. Of the total, BRL220 million will come from the Climate Fund to increase anhydrous ethanol...

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Deal Volume
$78.91m
Financial Close
15/01/2025
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Tranches

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