CIFI was hired by Caigsa, the Campollo Group’s largest sugar mill in Guatemala, to structure and mobilize on best effort basis US$ 50 million in long-term funds for the proposed investment in a new ethanol plant and expansion of its biomass cogeneration facilities. CIFI completed its in-field due diligence process together with an international independent engineering firm. The mandate was suspended by the Client due to the sudden and vertical rise in the international price of sugar in mid-2009. Prospective interested lenders included DEG, FMO, Proparco of France, and CIFI.