08:56 AM EDT, 09/24/2025 (MT Newswires) -- Ag Growth International ( AGGZF ) said Wednesday that it established a new financing structure to support qualified local commercial customers on large scale grain storage and handling projects supplied by AGI Brazil.

Ag Growth ( AGGZF ) said the arrangement is set up as an investment fund. The first tranche of the fund will have a target capacity of up to 1.2 billion Brazilian reais, equivalent to about $300 million, with room for further expansion of the total size of the fund in the future as conditions warrant.

The company said the fund is new and separate from the fund initiative previously announced in early 2024, which targeted farm segment customers in Brazil.

"Our strategic focus on developing the international commercial market continues to be a key priority for AGI, with activity in Brazil leading the way," president and chief executive officer Paul Householder said. "With expanded capabilities, products, and resources, we've seen a significant increase in the size and scale of projects AGI has bid on, won, and delivered in Brazil."

The company's share price fell 1.5% Tuesday to $37.27 on the TSX.