Hunton Andrews Kurth Represents IDB Invest in R$197 Million Loan to Bioenergética Aroeira S.A.

On December 21, 2022, the Inter-American Investment Corporation (IDB Invest) closed on a R$197 million secured loan to Bioenergética Aroeira S.A., a sociedade anônima organized and existing under the laws of Brazil (Bioenergética Aroeira). Bioenergética Aroeira, which provides agriculture processing services, will use the proceeds of the loan to increase sugarcane crushing capacity to scale-up its sugar and ethanol outputs, co-generation of electricity through the burning of sugarcane bagasse, and both its sugarcane supply and warehousing accordingly.

The U.S. based firm of Hunton Andrews Kurth LLP advised IDB Invest as international counsel. Pinheiro Guimarães provided Brazilian legal advice to IDB Invest. 

International Counsel to IDB Invest:

Hunton Andrews Kurth LLP

Vera Rechsteiner, Partner

Christian Rudloff, Counsel

Jessica Rivero, Associate
 

IDB Invest’s In-house Counsel:

Patricia Alves de Toledo, Legal Counsel

Pascual Mendez, Project Attorney
 

Brazilian Counsel to IDB Invest:

Pinheiro Guimarães

Bruno Lardosa, Partner

Marcela Taquette Vaz, Partner

Roberta Pimentel, Partner

Pedro Mourão Votre, Associate
 

Brazilian Counsel to Bioenergética Aroeira:

Timoner e Novaes Advogados

Simone Medeiros Paz, Partner

Roberto Timoner, Partner

Carlos Lopes, Senior Associate