Tereos’ “green” credit in Brazil now amounts to $181 mm

Brazil’s second largest sugar producer, Tereos Açúcar e Energia Brasil, the sugar and energy arm of French co-operative Tereos, agreed new credit operations related to environmental sustainability projects and criteria last month and ended the last sugar and ethanol harvest (2020/21) with more than R$1 billion ($181 mm) in “green” financing, an amount equivalent to almost a third of its entire debt.

Source: Portal do Agronegocio