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Company name

Sesajal S.A. de C.V

Project number

13841-01

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

Regional

Sector

Agribusiness

Status

Inactive

Disclosed date

06/02/2022

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

Projected board date
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12/16/2022

Approval date

N/A

Signed date

N/A

Sponsoring entity

Sesajal S.A. de C.V.

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

N/A

Financing amount

USD $ 50,000,000

Currency

USD

Project scope and objective

The Company is dedicated to the development, production, and marketing of high value-added food products, such as: (i) vegetable oils, mainly avocado; (ii) grains and seeds such as sesame, chia, peanut and chickpea; (iii) vegetable flours and powders; (iv) prepared foods; and (v) pet food, among other diversified businesses. IDB Invest will structure a Senior Loan for up to US$50 million to finance the expansion in Mexico (within existing facilities) of the production capacity of avocado oil and other value-added goods aligned with the Company's strategy through the construction of new plants, as well as investments in improvements and the investment in renewable energy for Villa Avocado, as well as structural working capital (the “Project”). Additionally, an uncommitted tranche is included for up to US$20 million for new investments of the same nature as those described above to be completed in Mexico and other Latin American countries (Peru, Colombia, the Dominican Republic, and Guatemala).

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Early disclosure

SESAJAL - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)

798.7 Kb

SESAJAL - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)

645.1 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

For inquiries, comments and information requests about the project

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Learn more about how we provide private-sector solutions in the region .