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Pesquera Diamante II

Sector: Oil and Gas • Location: Peru

Source: Inter-American Development Bank (IADB)

Project
In Implementation

Pesquera Diamante produces fishmeal and its byproduct, fish oil. It has a fleet of twenty-four fishing vessels and five plants located in Callao, Pisco, Supe, Samanco, and Mollendo. Fishmeal is processed in steam drying lines equipped with direct flame dryers (for FAQ/flame dried quality products). The IIC loan of up to US$8 million will be used to refinance the short-term debt incurred by the com

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Project Information

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The project “Pesquera Diamante II” is an infrastructure initiative in the Oil and Gas sector, located in Peru. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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in implementation

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Description

Description

Pesquera Diamante produces fishmeal and its byproduct, fish oil. It has a fleet of twenty-four fishing vessels and five plants located in Callao, Pisco, Supe, Samanco, and Mollendo. Fishmeal is processed in steam drying lines equipped with direct flame dryers (for FAQ/flame dried quality products). The IIC loan of up to US$8 million will be used to refinance the short-term debt incurred by the company when it expanded its fleet, and to refinance other short-term debts. The IIC loan will enable Pesquera Diamante S.A. to improve its funding structure, adapt is repayment flow to natural business cycles, and thus ensure proper cash flow management.

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High

Data quality score

100%

Source

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URL

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