Americas > Brazilian development bank to pour nearly $90 mln into new ethanol plant

Brazilian development bank to pour nearly $90 mln into new ethanol plant

Published 23:51 on November 7, 2024  /  Last updated at 23:51 on November 7, 2024  / /  Americas, Nature-based, RINs & LCFS, South & Central, Voluntary

The Brazilian National Bank for Economic and Social Development (BNDES) has approved R$500 million ($88 mln) in financing for a new biofuels-producing ethanol plant, which it said will support Brazil’s goals to decarbonise the transport sector.
The Brazilian National Bank for Economic and Social Development (BNDES) has approved R$500 million ($88 mln) in financing for a new biofuels-producing ethanol plant, which it said will support Brazil’s goals to decarbonise the transport sector.


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