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New cooling units for a Moroccan SME specializing in beef and sheep meat processing

Investor
SODIVIAS
Location
Agadir, Morocco
Investment
Acquisition of fourteen new cooling units
Investment Size
€ 583,545.22
Financial results
Payback of 7 years and 6 months
Energy savings
1310 Mwh per year
CO2 savings
303.3 tonnes per year
Impact
Reduction in the quantity of products unfit for consumption/improvement in productivity and competitiveness
Donor
EU, GCF, KTACA, EBRD SSF.

Modernization of the cold store infrastructure through the acquisition of fourteen new cooling units

SODIVIAS is a Moroccan SME located in Agadir, created in 1993 and operating in the meat processing sector which is part of the agri-food industry value chain. The company has an annual processing capacity of 1,000 tonnes of beef and sheep meat. SODIVIAS has requested financing and technical assistance from the Green Value Chain (GVC) programme to modernise its cold storage infrastructure through the acquisition of fourteen new cooling units.

This investment is part of the rehabilitation of SOVIDIAS’ cold production units. The investment aims to replace the old cold production equipment with fourteen new cooling units.

The compressors of the chillers are of the Bitzer Ecoline series with high energy efficiency due to efficient working valves, minimal dead space, economical high-volume motor and reduced pressure drop at low condensing temperatures. The installed condensers have larger heat exchange surfaces to reduce energy consumption.

This investment will reduce the amount of product unfit for consumption by 2.5 tonnes/year and increase the total production capacity of the company by at least 10%.

The payback period is estimated at about 7 years and 6 months and the energy savings are 1310 MWh/year (48%). In addition, the company should be able to reduce its greenhouse gas (GHG) emissions by 303.3 t CO2eq annually. Thanks to the reduced energy consumption of the new high-capacity refrigeration units, the company will be able to improve its productivity and competitiveness.

Green Value Chain (GVC) in Morocco is a credit facility of the EBRD to provide funding to local partner financial institutions for on-lending to Moroccan SMEs belonging to agribusiness, processing industries and logistics value chains and ecosystems. Supported by the European Union, the Green Climate Fund (GCF), the Korean Technical Assistance and Cooperation Account (KTACA) and the EBRD Shareholder Special Fund (EBRD SSF), the facility aims to improve competitiveness of SMEs and that of their value chains through highly efficient green investments.

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