Sao Manoel

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 Usina Açucareira S. Manoel S/A (“Sao Manoel” or the “Company”) is a medium-size sugar and ethanol producer in Brazil, with just over 2,100 direct employees. Founded in 1949, Sao Manoel is located in the Municipality of Sao Manuel, in the central region of Sao Paulo State. The sugar cane plantations are located within five neighboring municipalities, covering approximately 46,500 hectares, typically located within 23 km from the mill. The Sao Manoel facility can crush 4.3 million tons of sugarcane a year and, as of FY16/17, produced 225,000 tons of sugar, 128,000 m3 of ethanol and 3,750 tons of inactive dry yeast. A Usina São Manoel está localizada no município de São Manuel, região central doestado de São Paulo, numa área que abrange cincomunicípios, onde são cultivadosem torno de50 mil hectares de cana-de-açúcarA Usina São Manoel está localizada no município de São Manuel, região central doestado de São Paulo, numa área que abrange cincomunicípios, onde são cultivadosem torno de50 mil hectares de cana-de-açúcarA Usina São Manoel está localizada no município de São Manuel, região central doestado de São Paulo, numa área que abrange cincomunicípios, onde são cultivadosem torno de50 mil hectares de cana-de-açúcar The proposed investment consists of a US$42.0 million A/B loan that will finance (i) the climate friendly upgrade of existing equipment to improve energy efficiency; (ii) capex to renew around 5,600 hectares, expand 4,000 hectares of sugarcane and implement agri-smart techniques to increase the lifespan and the productivity of the plantations; (iv) investments in social programs; and (v) investments to upgrade and replace existing machinery.