Inception date: 06 Dec 2018 | Removal date: open ended

State loan

On 6 December 2018, the BNDES has announced the allocation of BRL 332.7 million (over USD 85 million at the time of the announcement) to Usina Batatais S.A. – Açúcar e Álcool, a Brazilian sugarcane manufacturer.

The objective of these resources is to expand the milling capacity and planting of the company, as well as increase steam production and energy cogeneration of its plants.

AFFECTED SECTORS

 

AFFECTED PRODUCTS