Itumbiara Bioenergy Project

The operation has the following main objectives: (i) further improve the competitiveness of the sugar and ethanol industry in Brazil by having a low-cost vertically-integrated facility (i.e., fully mechanized harvesting system, lowest cost renewable electricity, and lower land costs) in a region that concentrates more than 80% of Brazil's sugar and ethanol industry (Center South), as well as, satisfying part of the growing domestic and international demand of ethanol; (ii) create significant impact on the regional economy, by contributing to the creation of business and technological clustering; (iii) generate direct and indirect jobs (during construction and operation); and (iv) increase the contribution of bioenergy in the national energy matrix (i.e., with 56 MW of biomass-based renewable energy).

Project Detail

Country

Brazil

Project Number

BR-L1170

Approval Date

July 23, 2008

Project Status

Closed

Project Type

Loan Operation

Sector

Subsector

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 210,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 82,000,000.00

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Preparation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-708084923-12792

Environmental and Social Management Reports

Itumbiara Bioenergy Project [1354196].PDF

Dec. 31, 1999

English

https://www.iadb.org/document.cfm?id=EZSHARE-708084923-12793

Environmental and Social Strategies

Itumbiara Bioenergia Project [1194685].PDF

Dec. 31, 1999

English

https://www.iadb.org/document.cfm?id=EZSHARE-708084923-12794

Project Abstract

Itumbiara Bioenergia Project [1194680].PDF

Dec. 31, 1999

English

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