PROJECT

Projects

Summary of Investment Information

Project Number

39264

Company Name

JALLES MACHADO SA

Date SPI Disclosed

Jun 27, 2017

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Aug 14, 2017

Environmental Category

B - Limited

Status

Active

Last Updated Date

Feb 22, 2018

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Oct 6, 2017
Signed : Dec 6, 2017
Invested : Feb 9, 2018

Sector

Sugarcane and Beets

Project Description

The proposed IFC investment consists of an A/B loan financing package to Jalles Machado S.A. (“Jalles Machado” or the “Company”). Founded in 1980 in the state of Goias, Jalles Machado operates two mills with combined annual crushing capacity of 4.6 million tons of sugarcane and co-generation capacity of 88 MW.

Associated Advisory Engagement

Not applicable.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation