PROJECT

Projects

Summary of Investment Information

Project Number

45828

Company Name

USINA SANTA ADELIA S.A.

Date SPI Disclosed

Feb 24, 2022

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Mar 28, 2022

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jun 11, 2022

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : Mar 29, 2022
Signed : Apr 19, 2022
Invested : May 4, 2022

Sector

Sugarcane and Beets

Project Description

The proposed investment consists of a senior loan of up to US$50 million composed by an A loan of US$30 million equivalent and a B loan of up to US$20 million, to support Usina Santa Adelia S.A.’s (“Santa Adelia” or the “Company”) investment plan for the 2022 and 2023.

Santa Adelia is a leading sugar, ethanol, and renewable energy producer in Brazil, with two mills located in the Sao Paulo state. The investment will support (i) sugarcane replanting; and (ii) development and implementation of irrigation systems (the “Project”).  

Associated Advisory Engagement

                                                          

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation