PROJECT

Projects

Summary of Investment Information

Project Number

47653

Company Name

KEPLER WEBER S.A.

Date SPI Disclosed

Sep 3, 2024

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Mar 21, 2024

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 4, 2024

Department

Regional Industry MAS LAC & EUR

Industry

Manufacturing

Previous Events

Approved : Mar 21, 2024
Signed : May 9, 2024
Invested : Jun 24, 2024

Sector

Agriculture, Construction, and Mining Machinery

Project Description

The proposed investment consists of an A Loan of up to BRL150 million in BRL equivalent to Kepler Weber Industrial S.A. (“Kepler”, “KW” or the “Company”), the leading company in the storage and post-harvest solutions sector in Latin America. The Company has requested IFC to finance its BRL150 million capital expenditure plan for 2022-2024 which includes the expansion of manufacturing capacity, plant modernization and productivity improvements (“The Project”).

 The IFC investment is also expected to be structured as an Incentive Based Loan focused assisting the company in obtaining the EDGE Gender Certification and developing a Sustainability Linked Framework based on EDGE’s Action Plan.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation