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Monte Rosa Sugar

Sector: Power Generation (CCGT) • Location: Nicaragua

Source: International Finance Corporation (IFC)

Project
Completed

Monte Rosa, S.A. (Monte Rosa) is a fully owned subsidiary of Pantaleon Sugar Holdings Company Limited (Pantaleon). Pantaleon is the largest sugar producer in Central America, with mills located in Guatemala and Nicaragua. Monte Rosa supplies raw sugar to the domestic market in Nicaragua, and exports raw sugar to the world market including the U.S. In addition, Monte Rosa’s co-generation facilit

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The project “Monte Rosa Sugar” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Nicaragua. Taiyo aggregates data on it from International Finance Corporation (IFC).

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completed

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Description

Description

Monte Rosa, S.A. (Monte Rosa) is a fully owned subsidiary of Pantaleon Sugar Holdings Company Limited (Pantaleon). Pantaleon is the largest sugar producer in Central America, with mills located in Guatemala and Nicaragua. Monte Rosa supplies raw sugar to the domestic market in Nicaragua, and exports raw sugar to the world market including the U.S. In addition, Monte Rosa’s co-generation facilities supply electricity for sale to the national power network in Nicaragua.The purpose of the investment is to support Monte Rosa’s ongoing investment program which has and will include: - expanding the company’s sugar production in Nicaragua by 20%;- expanding and improving the company’s plantations in Nicaragua;- expanding the company’s existing electricity co-generation facilities in Nicaragua; and- general capital expenditures.

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Source reliability

High

Data quality score

100%

Source

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