Acelen will invest US$1.5 billion in a SAF biorefinery in Bahia.

Acelen Renewables announced this Thursday (21) an investment of US$ 1.5 billion in its biorefinery project in Bahia, according to a statement released by the company. According to the company, part of the resources will be financed by a consortium of banks. The unit, with operations scheduled to begin in 2029, will have the capacity to produce 1 billion liters per year of sustainable aviation fuel (SAF) and renewable diesel (HVO). According to the company, Acelen Renewables' first integrated unit will have a total investment exceeding US$ 3 billion. In addition to the biorefinery, the project includes the development of an agro-industrial chain focused on the cultivation of macaúba, including planting, oil extraction and processing of by-products of the crop.

This text was translated by machine from Brazilian Portuguese.