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BNDES Will Support the Development of an Industrial Plant for the Production of Biomethane and Electricity in the State of Mato Grosso. Uisa Company Will Thus Ensure Even Greater Growth for the Biogas Market in the Region and Throughout Brazil.
The biofuels company Uisa Geo Biogas started its activities in 2023 with great results for its future ventures. Last Wednesday, (01/04), the National Bank for Economic and Social Development (BNDES) announced the approval of financing of R$ 80 million for a company project. It concerns a production plant for biomethane and electricity in Nova Olímpia, in the Mato Grosso do Sul region, which will contribute to the growth of biofuels throughout the country.
Uisa’s Project for the Construction of a New Biomethane Production Plant Will Be Financed by BNDES with R$ 80 Million Planned for Investments
The biofuels market in Brazil is becoming increasingly relevant in the national economic scenario, with various investors’ eyes on potential projects.
Among them is BNDES, which finances and supports projects in various industrial areas of the country to ensure national development.
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Now, the bank announced financing of R$ 80 million for a biomethane project from Uisa.
The venture plans the construction of a plant for the production of biomethane and electricity in the Nova Olímpia region, Mato Grosso, utilizing sugarcane waste to maintain the plant.
In its first phase, the plant will annually produce up to 11.4 million Nm³ (Normal Cubic Meters) of biogas and up to 32,000 MWh (megawatt-hours) of electricity.
BNDES and Uisa expect that the project can serve areas that are not yet covered by the national gas network with the distribution of biomethane.
Biomethane will also be used to replace diesel in part of Uisa’s truck fleet (formerly Usinas Itamarati), one of the project partners, and the electricity will meet the demand of the unit itself, and can also be exported.
Strategically, Uisa’s plant is being built next to the sugar and ethanol production facilities, thus ensuring easier disposal of operational waste to the new unit.
This is yet another initiative that will foster the development of the biofuels market throughout Brazil, reinforcing its relevance in the environmental commitment of the energy sector.
In Addition to Biomethane and Electricity, Uisa’s New Plant with National Bank Financing Will Have Fertilizer Production Capacity
One of the major differentiators of the BNDES-supported project for the production of biomethane is that the processes can occur independently of the sugarcane harvest and off-season periods, as the technology used will be anaerobic digestion.
Thus, it will be possible to process waste that can be stored without the loss of organic matter. This will ensure an even more constant and secure production throughout the year at Uisa’s plant.
In addition to the production of biomethane and electricity, the biofuels company’s project also plans for fertilizer production at the plant.
These products will be fully allocated to Uisa for use in sugarcane plantations, as compensation for the supply of industrial waste.
The total investment for the development of the biomethane project is R$ 243.5 million. Thus, the R$ 80 million financed by BNDES represents about 33% of the total investment, ensuring strong support for the business.
Expectations are that the venture will also contribute to the reduction of greenhouse gas emissions.
