Skip to main content

Company name

Usina Cerradão

Project number

14200-01

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
tooltip

B

Country

Brazil

Sector

Agribusiness

Status

In implementation

Disclosed date

12/20/2022

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
tooltip

05/03/2023

Approval date

05/03/2023

Signed date

08/01/2023

Sponsoring entity

N/A

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

USD $ 15,678,000

Financing amount

USD $ 39,627,100

Currency

BRL, USD

Project scope and objective

The proposed financing consists of a long-term loan of at least R$280 million, with an 8-year term and 30-month grace period, so that Usina Cerradão (“Cerradão”) can increase its sugarcane crushing capacity from 4.2 million to 7 million tons/year. Such an increase in capacity will consequently allow the company to increase its production of sugar and ethanol, as well as its capacity to cogenerate electricity by 57%, by burning a greater volume of residual biomass (sugar cane bagasse).

 

The increase in energy consumption will still allow Cerradão to remain self-sufficient in its operational needs, in addition to allowing the company to increase its supply of clean renewable energy to the market by approximately 95%.

For inquiries, comments and information requests about the project

Request information

Learn 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.

USINA CERRADAO - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

327.7 Kb

USINA CERRADAO - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

153.6 Kb

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .

Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information :

Client Contact

EMAIL

rrezende@usinacerradao.com.br

PHONE NUMBER

+55 34 3421-1800

POST OFFICE ADDRESS

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

Escopo do projeto e rótulo objetivo

O financiamento proposto consiste em um empréstimo de longo prazo de até R$280 milhões, com prazo de 8 anos e 30 meses de carência, para que a  Usina Cerradão (“Cerradão”) possa aumentar a sua capacidade de moagem de cana-de-açúcar de 4.2 milhões para 7 milhões de toneladas/ano. Tal aumento de capacidade permitirá, consequentemente, que a empresa eleve a sua produção de açúcar e etanol, assim como de sua capacidade de cogerar eletricidade em 57%, por meio da queima de um maior volume de biomassa residual (bagaço de cana).

 

O aumento da cogeração enérgetica permitirá, ainda, que a Cerradão se mantenha autossuficiente em suas necessidades operacionais, além de permitir que a empresa aumente em aproximadamente 95% a oferta de energia limpa renovável ao mercado.

Revisão ambiental e social

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .