NIBULON AGRICULTURAL LIMITED LIABIL
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
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
NIBULON AGRICULTURAL ENTERPRISE LLC Nibulon is leading Ukrainian integrated grain/oilseeds exporter and producer, operating one of the largest logistics networks of grain storage and transportation in Ukraine.
What is our funding objective?
The Project will support Nibulon's strategy aimed mainly at the expansion and optimisation of its river grain logistics facilities in order to increase grain trading volumes reducing the share of road and rail transportation, which will lead to the improvement of profitability, efficiency, as well as to the reduction of environmental footprint.
Why do we fund this investment?
The Project is expected to have a significant transition impact under the 'Integrated' quality as it will enable Nibulon to increase its export capacity through improved logistics and infrastructure. The Project will also promote the development of low carbon transportation mode prioritising sustainable pattern of grain transportation routes in the country (via the Dnieper and South Buh rivers) thus contributing to SDGs number 2(zero hunger), 8(decent work and economic growth) and 9 (industry, innovation and infrastructure).
What is the Environmental and Social categorization rationale?
The proposed project is to invest in environmentally sound, energy efficient grain terminals supporting the local grain producer's ability to trade their products efficiently. The terminals are developed in compliance with national regulatory requirements and international standards and implemented by a sponsor committed to good environmental and social management and with a proven record of openness and transparency. The project will follow international labor standards during construction and operational phases, and will only have minimal and well defined emissions and discharges which will be in line with local regulations and the World Bank Group (WBG) environmental health and safety (EHS) guidelines. With no indication of impacts related to Performance Standards 5 through 8 and already addressed environmental and social issues under Performance Standards 1 through 4. This is a Category B project in FMO's internal policies. This transaction will also be classified as green.
More investments
| Date | Total FMO financing |
|---|---|
| 6/19/2020 | USD 20.00 MLN |
| 4/12/2018 | USD 3.00 MLN |
| 6/30/2017 | USD 25.00 MLN |
- Region
- Europe & Central Asia
- Country
- Ukraine
- Sector
- Agribusiness, Food & Water
- Publication date
- 2/13/2018
- Effective date
- 4/12/2018
- Total FMO financing
- USD 7.00 MLN
- Funding
- FMO NV
-
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