Usina Cerradao - A/B Loan

in implementation

The proposed financing consists of a long-term loan of at least R$280 million, with an 8-year term and 30-month grace period, so that Usina Cerradão (“Cerradão”) can increase its sugarcane crushing capacity from 4.2 million to 7 million tons/year. Such an increase in capacity will consequently allow the company to increase its production of sugar and ethanol, as well as its capacity to cogenerate electricity by 57%, by burning a greater volume of residual biomass (sugar cane bagasse).The increase in energy consumption will still allow Cerradão to remain self-sufficient in its operational needs, in addition to allowing the company to increase its supply of clean renewable energy to the market by approximately 95%.