Brazil's National Bank for Economic and Social Development (BNDES) has approved two significant financing packages which total R$384.9 million ($74.5 million) for the development of biomethane infrastructure and the decarbonization of the logistics sector in Brazil. The projects will establish a green corridor system in São Paulo and create a new biomethane production facility in the state of Goiás.
The BNDES approved R$140 million for TransJordano a road transport company to implement a green corridor in São Paulo state. The project will use the funds to purchase 100 biomethane-powered trucks and build three biomethane fueling stations which will be located in Sumaré and Cubatão and Ribeirão Preto. The project financing will be funded through R$98 million from the Climate Fund (Fundo Clima) and R$42 million from the BNDES Machinery and Services line which together fund 92% of the total project costs. The biomethane stations will use Ultragaz as their fuel supplier while also permitting access to other transport companies.
Aloizio Mercadante, President of BNDES, declared that the project supports President Lula's energy transition policy because it provides sustainable cargo transport solutions to Brazil. "With this project, developed in São Paulo, we will see a reduction in the emission of 6.5 tons of equivalent CO2 in the first year of operation just with the biomethane-fueled fleet," Mercadante said.
João Bessa, President of TransJordano, showed how the company makes decarbonization its main priority. "This is an investment that goes beyond operations – it's a real commitment to the decarbonization of road transport and the future of the country," Bessa commented.
BNDES also approved R$244.9 million in funding to bp bioenergy for building a biomethane plant which will be located in Edéia, Goiás, next to the Usina Tropical mill. The financing package consists of R$193.4 million which comes from the Climate Fund and R$51.4 million which comes from Finem. The plant will generate 67,000 cubic meters of daily biomethane through biodigestion of vinasse which is produced during sugarcane ethanol production. The project has a total investment of R$275.8 million and is scheduled to finish development by 2027 while generating 300 employment opportunities through direct and indirect work.
Andres Guevara de la Vega, CEO of bp bioenergy, expressed enthusiasm for the project. "This project brings together technology, circularity, and strategic partnerships to transform an ethanol co-product into a new source of renewable energy," he noted. Ultragaz will distribute the biomethane which this unit generates.
TransJordano established its operations in 1998 and currently runs its business from Paulínia in São Paulo to provide sensitive cargo transport services which include fuels and chemical derivatives across the entire country. The company operates with more than 1,000 employees and maintains a fleet that exceeds 1,500 vehicles.
Ultragaz has been providing energy solutions to more than 11 million households and 57000 businesses since its establishment 88 years ago which now operates in 22 Brazilian states and the Federal District. The company operates as a subsidiary of Ultrapar, which stands as one of Brazil's most extensive business conglomerates.
bp bioenergy runs 11 operational facilities throughout five Brazilian regions while serving as a leading ethanol producer who creates substantial quantities of vinasse.
