Embrapa receives $260k for investment in Vegetal Quarantine

Embrapa received an investment of $260.000 in Vegetal Quarantine. The funds were transferred to Embrapa Genetic Resources and Biotechnology by the Ministry of Agriculture, Livestock and Supply (MAPA) to complete the building of one of the most important services to agriculture in Brazil, responsible for having blocked the entry of more than 90 exotic pests into the country: the National Quarantenial Laboratory of Embrapa Station.

Source: Portal do Agronegocio

BNDES approves $740 mm to build thermoelectric plant in the Port of Açu

BNDES approved a R$3.93 billion ($740 mm) financing for Gás Natural Açu to build the GNA II thermoelectric plant at the Port of Açu, in northern Rio de Janeiro state. The bank detailed that the thermal plant will have a total installed capacity of 1.6 gigawatts (GW) and will integrate the project of the liquefied natural gas (LNG) generation park under development in the port.

Source: G1

Gross Livestock Production in 2020 is the highest of the last 32 years

The Gross Value of Agricultural Production (GVP) closed 2020 at $871.3 billion, up 17% from 2019 and the highest in 32 years, according to the Ministry of Agriculture. For 2021, first estimates indicate growth of 10.1% in GVP. Last year, crops had revenues of R$580.5 billion ($108 mm), up 22.2%, and livestock production of R$290.8 billion ($54 mm), up 7.9%.

Source: 6 Minutos

Solfácil intends to launch FIDC and finance $186 mm in 2021

Fintech Solfácil expects to reach R$ 1 billion ($186 mm) in funding for distributed generation photovoltaic systems in 2021 – 10 times more than the R$ 100 million ($18.6 mm) in 2020. The company plans to launch a green rights investment fund (FIDC) this year to raise funds. Currently, resources for loans come from debenture and bond issues. The company had an average monthly growth of 30% in 2020, with a single line of residential financing.

Source: Energia Hoje