ECB Group hires UBS, Barclays as financial advisors for large HVO plant

SAO PAULO (Reuters) - Brazil's ECB Group said on Monday it has hired banks UBS and Barclays to act as financial advisors for the funding of Latin America's first large-scale plant to produce renewable fuels HVO and SPK.ECB plans to start construction of the plant in Paraguay, near the capital Assuncion, around March 2020. Expected capacity is for the production of 20,000 barrels per day of renewable fuel that would be mostly exported to Canada, United States and Europe. The company estimates..