Verde Luz by Fronteira Global
Sustainable biomass plant in Parana, Brazil
Biomass plant based on locally available sustainable feedstock. Needed, less than USD$ 1 million for operational restarting of a biomass plant in Paraná, Brazil. U$5.4m asset being acquired at no cost, but will assume long-term, low-interest debt with BNDES, already renegotiated. Long-term contract for the power off-take in hand. UN certified for carbon credits. ROI is less than 2 years with an outstanding IRR.