Infinity Bio-Energy has acquired sugarcane ethanol facilities in Brazil that will generate 30 megawatts in power for $192 million. The deal to acquire the Brazilian assets of Disa will include acquisition of a controlling share in the company that supplies the sugar cane for the Disa plants. The plants will crush 8.3 million metric tons of sugar cane.
Despite concerns over the emissions produced by conversion of forest land to sugarcane production through ground cover burning, interest in Brazilian ethanol remains strong because the feedstock has avoided the energy output and food vs fuel questions that have dogged corn ethanol projects in the US and Mexico.
In Jamaica. the Brazilian biofuels conglomerate Infinity BioEnergy announced that it will acquire the Sugar Company of Jamaica. The government of Jamaica, which has lost $283 million since purchasing ...
In England, Ineos Enterprises signed an agreement with Viridas to acquire jatropha oil from Viridas projects in Brazil. Viridas is currently acquiring 250,000 hectares of idle land in Brazil for the p...
In Brazil, Infinity Bio-Energy said that it will pay Jamaica $50 per hectare for 31,000 hectares, or $1.55 million per year in lease payments, for cane land adjacent to five sugar factories it purchas...
In Brazil, Infinity Bio-Energy Ltd said that it had entered into an agreement to acquire the 1.2 million tonne Destilaria Guaricanga sugarcane mill from BER Brasil Energia Renovavel Participacoes, wit...
In Jamaica, Prime Minister Bruce Golding announced an E10 ethanol mandate that would take effect from next month, following an agreement with Infinity BioEnergy of Brazil to supply capital to the isla...
In Brazil, Infinity Bio-Energy Ltd has acquired a $75 million stake in Disa Overseas, with the capital to be used for construction of two new sugar cane processing and ethanol plants, and a 30 MW powe...
