Ituiutaba Bioenergy Project

closed

The operation has the following main objectives: (i) further improve the competitiveness of the sugar and ethanol industry in Brazil by having a low-cost vertically-integrated facility (i.e., fully mechanized harvesting system, lowest cost renewable electricity, and lower land costs) in a region that concentrates more than 80% of Brazil's sugar and ethanol industry (Center South), as well as, satisfying part of the growing domestic and international demand of ethanol; (ii) create significant impact on the regional economy, by contributing to the creation of business and technological clustering; (iii) generate direct and indirect jobs (during construction and operation); and (iv) increase the contribution of bioenergy in the national energy matrix (i.e., with 56 MW of biomass-based renewable energy).