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Vale do Paraná S.A. Álcool e Açúcar

Sector: Power Generation (CCGT) • Location: Brazil

Source: Inter-American Development Bank (IADB)

Project
Proposed

The proposed operation consists of a US$55 million senior loan to VDP, with a tenor of up to 8 years, including a 1.5-year grace period, to be used as follows: (i) US$28 million for the expansion and renewal of sugarcane plantations; (ii) US$20.5 million for the installation of a sugar factory with production capacity of 850 tons of raw sugar per day; and (iii) US$6.5 million to carry out adjustme

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The project “Vale do Paraná S.A. Álcool e Açúcar” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Brazil. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Status

Original status

proposed

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Description

Description

The proposed operation consists of a US$55 million senior loan to VDP, with a tenor of up to 8 years, including a 1.5-year grace period, to be used as follows: (i) US$28 million for the expansion and renewal of sugarcane plantations; (ii) US$20.5 million for the installation of a sugar factory with production capacity of 850 tons of raw sugar per day; and (iii) US$6.5 million to carry out adjustments to integrate the mill with a 48MW electric power cogeneration plant to be developed in a joint venture with Albioma (the "Loan").VDP, established in 2003, located in Suzanapolis, Brazil, produces and commercializes ethanol, made from sugarcane, in the Brazilian market. In 2016, the Company milled 1.6 million tons of sugarcane and produced 139,000 m3 of ethanol, totaling sales of US$79 million.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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