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UTE São Martinho Bioenergia

Sector: Geothermal • Location: Brazil

Source: World Bank Group

Project
Active

UTE São Martinho Bioenergia is located inside the industrial complex in Pradópolis, São Paulo. The thermal power plant will be fueled by sugarcane bagasse.

São Martinho group is developing the project.

Total project cost is estimated to be 70 USDm. BNDES provided 300 BRLm (56 USDm) financing line corresponding to 79% of the total investment. Financial Closure was achieved in January 2021.

The t

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The project “UTE São Martinho Bioenergia” is an infrastructure initiative in the Geothermal sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

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Description

Description

UTE São Martinho Bioenergia is located inside the industrial complex in Pradópolis, São Paulo. The thermal power plant will be fueled by sugarcane bagasse. São Martinho group is developing the project. Total project cost is estimated to be 70 USDm. BNDES provided 300 BRLm (56 USDm) financing line corresponding to 79% of the total investment. Financial Closure was achieved in January 2021. The thermal power plant will have generation capacity of around 210,000 MWh, of which 177,000 MWh have already been contracted for 25 years through the A-6 auction held in October 2019. It should be fully implemented by 2026. https://www.saomartinho.com.br/show.aspx?idMateria=4GXkzZml+EcNWhrfIltBkQ==&linguagem=en https://www.empreenderemgoias.com.br/2021/01/21/sao-martinho-vai-investir-r-640-mi-em-quirinopolis/

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