The global energy transition continues to increase demand for low-carbon fuels and project financing structures capable of supporting industrial decarbonization.
In Brazil, BNDES approved R$ 500 million to finance a new FS corn ethanol plant in Mato Grosso. The project has total estimated cost of R$ 2.07 billion, with funding coming partly from Fundo Clima and BNDES Finem, and the unit is expected to process up to 1.2 million tons of corn per year and produce up to 540 million liters of ethanol annually.
This reinforces Brazil’s position as a relevant platform for biofuels investment, while also showing the importance of public and climate-linked financing in energy transition projects.
Photo: Canva
