Sugar mill to be expanded through $8 mln loan in Ecuador

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The Inter-American Investment Corporation (IIC) and Sociedad Agricola e Industrial San Carlos S.A. agreed for a 8- million-loan to modernize and expand the ecuadorian sugar mill and co-generation facility with 43 MW of nominal capacity, according to local press reports.

The co-gen facility will use bagasse obtained from sugar production to produce more than 100,000 MWh of additional renewable energy.

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