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Company name

Usina Santa Adélia S.A.

Project number

12043-01

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
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B

Country

Brazil

Sector

Agribusiness

Status

Completed

Disclosed date

05/23/2017

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

Projected board date
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06/30/2017

Approval date

07/11/2017

Signed date

12/01/2017

Sponsoring entity

N/A

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

USD $ 30,000,000

Financing amount

USD $ 30,000,000

Currency

BRL, USD

Project scope and objective

Usina Santa Adélia S.A. is a Brazilian company dedicated to the production of sugar and ethanol (anhydrous and hydrated), with an installed capacity of electric power generation, from the burning of sugarcane bagasse, of 129 MW.

The proposed of IIC´s financing consists of a loan to Santa Adélia to finance: (i) the renovation of existing sugar cane plantations; (ii) CAPEX maintenance; and (iii) working capital, in accordance with applicable law. The total cost of the project is US$60 million.

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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.

ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY

91.7 Kb

Client files

This section provides the key environmental and social assessment documents produced by the client for this project.

ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP) - SANTA ADÉLIA

279.4 Kb

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Contact information

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Alternatively, you may also use the following contact information :

Client Contact

EMAIL

N/A

PHONE NUMBER

N/A

POST OFFICE ADDRESS

N/A

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

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