Delta Sucroenergia

repaid

Delta Sucroenergia (Delta) is a sugar and ethanol corporate group based in Minas Gerais, Brazil. It operates three mills with a combined sugarcane milling capacity of 11 million tons. In fiscal year 2018, the Group produced 532,000 tons of high-polarity sugar (VHP), 375,000 tons of crystal sugar, 289,000 m3 of ethanol (sold primarily as a fuel to replace petroleum derivatives for motor vehicles), and 659 GWh of electricity via co-generation of bagasse, 72% of which was sold to third parties.The proposed financing will be used to: i) renew 14,100 hectares of sugarcane fields; ii) purchase 12 cane harvesters, 20 tractors, 30 trucks and a non-motorized fleet; iii) adopt new varieties of sugarcane and introduce the practice of crop rotation; and iv) capital expenditures in industrial facilities.