Pantaleon Sugar Holdings

repaid

The project consists of three groups of investments to increase sugar production in the Pantaleon sugar refinery in Guatemala, to expand cogeneration capacity in Pantaleon cogeneration plant in Guatemala, and to increase ethanol production capacity in Guatemala and Nicaragua. The IIC loan will help Pantaleon to consolidate its operations in the sugar industry and to deepen diversification of its product line. Pantaleon Sugar Holdings Company Ltd. is the largest diversified sugar cane producer and exporter in Central America with more than 100 years in operations. The group has sugar cane operations, mills, and refineries in Guatemala, Honduras, and Nicaragua. It supplies raw and refined sugar to the domestic market in Guatemala and raw sugar to the domestic market in Honduras and Nicaragua, and it exports raw and refined sugar, molasses, ethanol and other related products to the world market including the U.S. In addition, Pantaleon’s cogeneration facilities supply power for sale to the national grids in Guatemala, Honduras, and Nicaragua.