Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Friday, June 4, 2010

Brazil’s National Development Bank, FINEP, team to invest $540 million in sugarcane ethanol

Biofuels Digest
June 03, 2010 Jim Lane

In Brazil, the Brazilian Innovation Agency, FINEP, and Brazil’s National Development Bank have formed a partnership to commit up to US$ 540 million in financing to Brazil’s biofuels sector. These funds will be directed toward technology development projects for sugarcane ethanol production.

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