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Bioenergy

BNDES Grants BRL-157-Million Loan to Bioo Holding for Biomethane Plant in Rio Grande do Sul

By 1 Min Read
Credit: Veolia

The Brazilian Development Bank (BNDES) has approved a BRL-157-million (USD 32m/EUR 29.4m) project finance loan for Bioo Holding SA to facilitate the establishment of a biomethane plant in the state of Rio Grande do Sul. Notably, BRL 79.8 million of the financing will be sourced from the bank's Climate Fund Programme, as announced on Thursday.

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