Vibra Energia to purchase 50% stake in Comerc
Brazilian fuel distributor Vibra Energia SA will be exercising its purchase option to acquire a controlling stake of 50% in one of Brazil's largest energy trading companies Comerc.
From the previously held deal, Vibra will own a 48.7% stake in Comerc, while the current founding shareholders of its unit Vibra Comercializadora, formerly known as Targus, will keep the 1.3% interest. As part of the deal, Vibra Comercializadora will now become a wholly-owned subsidiary of Comerc.
Country updates
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April 06, 2022
Renova achieves commercial operation of 132 MW portion of the Alto Sertao III wind complex in Bahia
Renova Energia SA has achieved the commercial operation of a 132 MW portion of the 432.7 MW Alto Sertao III - phase A onshore wind power complex in the state of Bahia in Brazil. The 132 MW port...
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April 05, 2022
Sungrow to supply solar inverters for the 650 MWp Helio Valgas solar project in Varzea da Palma
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Voltalia offloads minority stake in 320 MW Solar Serra do Mel 1&2 in Rio Grande do Norte
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March 30, 2022
Voltalia begins construction for 260 MW Solar farm cluster in Brazil
Voltalia has announced that it has launched the construction of the 260 MW SSM3-6 (Solar Serra do Mel 3, 4, 5 & 6) solar power plant in Brazil.
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March 29, 2022
Panasonic backs 500 MWp solar project in Ceara
Japan’s Panasonic Corporation has partnered with a Brazilian energy company Pontoon Clean Tech for the supply of green energy from a 500 MWp solar photovoltaic project in the state of Ceara...
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