Tag: IFC

IFC to provide São Martinho with $165M for RNG from sugarcane vinasse

IFC to provide São Martinho with $165M for RNG from sugarcane vinasse

January 27, 2025 |

In Brazil, the International Finance Corporation (IFC), a member of the World Bank Group, is providing an up to $165 million financing to São Martinho S.A., one of Brazil’s leading producers of sugar, ethanol, and renewable energy. This investment aims to support the company’s decarbonization efforts in the agribusiness sector, contributing to climate change mitigation […]

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IFC and Italian Climate Fund invest $210M in Eni’s Kenyan subsidiary for biofuels

IFC and Italian Climate Fund invest $210M in Eni’s Kenyan subsidiary for biofuels

May 20, 2024 |

In Italy, IFC the (International Finance Corporation) and the Italian Climate Fund announced a $210 million investment in Eni S.p.A.’s Kenya subsidiary to expand the production and processing of advanced biofuels, supporting the decarbonization of the global transport industry and the livelihoods of up to 200,000 small-scale Kenyan oilseed farmers. The investment consists of $135 […]

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