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Home » Finance » BNDES Approves USD 86.8 Million Loan for Biomass and Ethanol Plants in Mato Grosso
Bioenergy

BNDES Approves USD 86.8 Million Loan for Biomass and Ethanol Plants in Mato Grosso

By John GarciaNovember 12, 20241 Min Read
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Credit: BNDES
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The Brazilian Development Bank (BNDES) has approved a BRL 500 million (USD 86.8 million/EUR 80.6 million) loan to support the construction of a biomass-fired power plant and an ethanol-producing facility in Mato Grosso state. The financing will aid Tres Tentos Agroindustrial SA in building a biomass steam and electricity cogeneration plant capable of generating up

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Biofuels Biomass BNDES Brazil Ethanol Funding
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