PROJECT

Projects

Summary of Investment Information

Project Number

45669

Company Name

ORIZON MEIO AMBIENTE SA

Date SPI Disclosed

May 2, 2022

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Jun 14, 2022

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 3, 2023

Department

CN1S7 - Regional Industry - INF LAC/Infrastructure - LAC

Industry

other

Previous Events

Approved : Jun 14, 2022
Signed : Jun 30, 2023
Invested : Sep 1, 2023

Sector

other

Project Description

The proposed transaction consists of a senior secured sustainability linked A Loan of BRL130 million with tenor of 8 years to Orizon Meio Ambiente S.A. (the “Company”), part of Orizon Valorização de Resíduos S.A., a leading waste management company in Brazil. The facility will be used for waste recycling and material recovery facilities (“MRFs”) and leachate treatment infrastructure, which are aligned with the circular economy concept. Orizon has assets located in several Brazilian states and has recently expanded its presence with the implementation of its organic and inorganic growth plan.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation