RENOVA S.A.
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Renova was founded in 2006 to build and operate Argentina’s first biodiesel plant from soybean oil. In 2010, Renova started the construction of Argentina’s largest and one of the world’s most efficient crushing plants (~U$500m investment). The Company currently has (i) a 20,000 tons/day soybean crushing plant, (ii) a 30 megawatt co-generation plant, and (iii) other logistic services such as its own port and storage facilities.
What is our funding objective?
FMO’s funding contributes to further investments in Renova. The crushing capacity will be expanded, and a barges terminal and grain port will be constructed.
Why do we fund this investment?
FMO will participate in a syndicate in which it will provide a longer tenor than commercial lenders. FMO aims to catalyse additional funding from other lenders as well.
More investments
| Date | Total FMO financing |
|---|---|
| 5/30/2017 | USD 30.00 MLN |
- Website customer/investment
- http://.
- Region
- Latin America & The Caribbean
- Country
- Argentina
- Sector
- Agribusiness, Food & Water
- Publication date
- 4/7/2017
- Effective date
- 5/30/2017
- Total FMO financing
- USD 30.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B