Mitsui invests in Origo through a 17% stake acquisition

Mitsui & Co., Ltd. has invested in Brazilian distributed solar power generation operator Origo Energia, acquiring a stake of approximately 17% in the company. Through this investment in Origo, Mitsui will work to contribute to the popularization of renewable energy in Brazil.

Origo is a front runner in the provision of rental solar farms, forming customer consortiums made up of 300 to 500 Brazilian small and medium-sized enterprises including restaurants and supermarkets, and managing the development, construction and operation of distributed solar power generation systems (each up to 5 MW) for each of those consortiums. Through this business, Origo has been successful in providing the option of renewable energy procurement to customers who are unable to maintain their own independent solar power generation systems. In 2019 the company received B Corporation certification, an international standard recognizing environmental performance.