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 Classification

-

Total Cost

USD 210,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 82,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2000A/OC-BR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2000B/OC-BR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2000A/OC-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2000B/OC-BR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

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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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