Website developed by
Code & Pepper
ANNOUNCEMENT 06 Dec 2018
The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved a loan to Usina Batatais S/A – Açúcar e Álcool.
NUMBER OF INTERVENTIONS
1
SOURCE
Brazilian National Development Bank. Banco Nacional de Desenvolvimento Econômico e Social. Press release "BNDES aprova R$ 332,7 milhões à Usina Batatais para expansão de plantio e cogeração de energia" Available at: https://www.bndes.gov.br/wps/portal/site/home/imprensa/noticias/conteudo/bndes-aprova-r332-7-milhoes-a-usina-batatais-para-expansao-de-plantio-e-cogeracao-de-energia/!ut/p/z1/vVVNc5swEP0tPXCUJYP46o062E6M62kTxzEXjwABao1EhGyn_77C8UzTpibpeCgcNKxWb3cf-1Ywhg8w5mTPCqKY4GSrv9exs4n8WTjFCxQh-w6j4Mpy8dIN0cwz4erogM48AYLx-fN4jOA9jGGcclWrEq4TntFmw3ijmNqlxwwMVIqKGohVtaS8IQbiQrGUkcZAqeCK7jJhoONBQGop9gRIyzKBCyq2LUVrBbuGcQISovTLGlATSQB9qomGEyCjoN4SrusFFKSioJKkz2bKqSwYaROsU5bBNcZZkmW2CTAiFsB-joDnuSlw3Jz6lpOamemeCOmoOH4PoR0OcTffqzbflwiLaytEwXQU2TicDSe-dXLo-me_I0yuIhMFkT1G4y-fJ2FgwrVO0j1f5BCu9owe4JILWekuuv3FoesgH6VZBpwhRi2RJvBtJwNuTgg29a6TJnCKXkW4_WTpCO61HU18NG15vihCdwH3Tr_wdr_wl5Jz85Zo9VRg3x4f40BLt9Xgk4IP_6TdNkSxFcnzhAl4YnkFjCXNqaRysJPaXCpVNx8NZKDD4TA4og8KsR8kUltqrf5aSNXGaJiiryP9DbcUjU70T7huNmeedZ7Ndw2EbviF2S-83S-82ys8xhfC37w1bXWXmHI-musuqYkqAeO5OPVyX9fJxeL5bxdfXS0rz_rBwPev3uEuL4tqMw8t-7Rs99XKU-1GNUpeLiuvCT78BPRk1xI!/dz/d5/L2dBISEvZ0FBIS9nQSEh/
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.