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Sugal Chile

Sector: Water Supply and Storage • Location: Chile

Source: International Finance Corporation (IFC)

Project
Active

 Sugal Chile Limitada (“Sugal Chile” or the “Company”) is the Chilean subsidiary of the Sugal Group (the “Group”), a tomato paste producer and exporter. The Group sources tomato in Spain, Portugal and Chile, and processes c.a.1.8 million tons of tomatoes per year. The proposed IFC investment is composed of an up to USD25 million A loan and an up to USD25 million MCPP loan for Sugal Chile to financ

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The project “Sugal Chile” is an infrastructure initiative in the Water Supply and Storage sector, located in Chile. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Description

Description

 Sugal Chile Limitada (“Sugal Chile” or the “Company”) is the Chilean subsidiary of the Sugal Group (the “Group”), a tomato paste producer and exporter. The Group sources tomato in Spain, Portugal and Chile, and processes c.a.1.8 million tons of tomatoes per year. The proposed IFC investment is composed of an up to USD25 million A loan and an up to USD25 million MCPP loan for Sugal Chile to finance its capex program and permanent working capital, including (i) a new tomato paste production line in Talca, (ii) the maintenance of the Tilcoco Plant, (iii) decarbonization of energy consumption, and (iv) processes reengineering (the “Project”).                                                

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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