FMO Backs South Africa Sugar Mill in Shift From Coal to Biomass
Dutch development lender FMO is providing ZAR333.33 million ($19.8 million) in financing to South Africa-based Gledhow Sugar Company to support the expansion and modernization of its sugar mill in KwaDukuza, KwaZulu-Natal. In a disclosure, FMO said the financing will fund the installation of newer and more efficient equipment designed to reduce steam use and improve … Read more