Bioenergética Aroeira announced a R$ 750 million investment in the construction of a grain ethanol plant in Minas Gerais. Of this amount, R$ 618 million was obtained through financing from the National Bank for Economic and Social Development (BNDES), while the remainder comes from the company's own resources. BNDES approved the operation in three formats: R$ 310 million from the Climate Fund; R$ 105.5 million from the Finem line, focused on long-term project investments; and R$ 202.5 million for the purchase of industrial production equipment and systems, with resources from the Machinery and Services line. The unit is in the pre-operational phase and will be managed by Biomil Etanol Ltda. According to Aroeira's CEO, Gabriel Feres Junqueira, the project is in the engineering stage and construction of the plant will begin next year, with an estimated start date in 2028. As projected by the company, the plant will have the capacity to process 330,000 tons per year of cereals, such as corn and sorghum, and produce 146 million liters of ethanol annually. In addition, the unit will be able to manufacture 32,000 tons per year of dried distillers grains (DDGs).
This text was translated by machine from Brazilian Portuguese.