Santa Adélia plant gets $19 mm from BNDES through Renovabio

Santa Adélia plant has contracted a R$ 100 million ($19 mm) loan with Banco Nacional do Desenvolvimento Econômico e Social (BNDES), through the credit program of RenovaBio, of the Ministry of Mines and Energy (MME). This is the first contract made by the financial institution in this mode, which has a total payment term of up to 96 months, including a grace period of up to two years.

Source: Portal do Agronegocio