Company name
UCB Industria de Componentes Eletronicos e Informatica SA
Project number
15009-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Brazil
Sector
Manufacturing
Status
Proposed
Disclosed date
10/03/2024
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
11/15/2024
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 35,000,000
Currency
BRL, USD
Project scope and objective
The transaction includes a financing package with a US$ 25 million long-term loan and a US$ 10 million revolving import credit line to support the company’s investment plan and growth. The project will fund capacity expansion for battery production in Manaus and Extrema, Brazil, including a new and expanded BESS production line, acquisition of electric mobility and telecom equipment, automation upgrades in Manaus, a new LFP production line, and the construction of a battery plant for electric and hybrid vehicles. The objective is to increase and diversify value-added production, boost supply chain growth, create formal jobs, and provide energy storage solutions benefiting the Amazon region.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
andrea.terranova@ucbsa.com.br
PHONE NUMBER
+55 (11) 5078 5555
POST OFFICE ADDRESS
Av. Chedid Jafet, 222, Bloco A, 1º. Andar 04551-050 – Vila Olímpia - São Paulo - SP
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
UCB COMPONENTES - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
870.4 Kb
UCB COMPONENTES - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
358.4 Kb