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Nicaragua Sugar Estates Limited

Sector: Raw Materials • Location: Nicaragua

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_Nicaragua Sugar Estates Limited (NSEL) is the proprietor of the agro-industrial complex Ingenio San Antonio (ISA) or San Antonio Sugar Mill, whose principal activities include:

  • Growing, processing and commercialization of raw and refined sugars and by-products such as molasses and ethanol using approximately 24222.81 Ha of cane field, of which 15105.95 Ha is owned or leased land;
  • Produ

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The project “Nicaragua Sugar Estates Limited” is an infrastructure initiative in the Raw Materials 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

_x000C_Nicaragua Sugar Estates Limited (NSEL) is the proprietor of the agro-industrial complex Ingenio San Antonio (ISA) or San Antonio Sugar Mill, whose principal activities include: - Growing, processing and commercialization of raw and refined sugars and by-products such as molasses and ethanol using approximately 24222.81 Ha of cane field, of which 15105.95 Ha is owned or leased land; - Production and sale of electrical energy to the national grid; and production of shrimp. The NSEL Project Includes: - Purchase from willing sellers of up to 2482.23 Ha of cane rearing lands in Chinandega, irrigation and harvesting and other agricultural equipment for cane rearing activities; - Investment for de-bottlenecking of milling capacity (emissions scrubbers, radial evaporators, etc.); - Refinancing debt, and - Investment in the 75,000 l/day ethanol plant at ISA, recently completed.

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High

Data quality score

100%

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