Tag: energy
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Serena Energia (SRNA3): A Renewable Energy Pure-Play in Brazil for Long-Term Investors
Company Overview and Background Serena Energia S.A. (B3 Ticker: SRNA3) is a Brazilian renewable energy company engaged in the generation and sale of electricity from 100% clean sources – primarily wind farms, with additional hydro and solar assets . The company was originally known as Omega Energia (and before that, Omega Geração) and rebranded to…
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Engie Brasil Energia (ENGIE3, EGIEY) Long-Term Investment Analysis
Business Overview ENGIE Brasil Energia is one of Brazil’s largest private power producers, with a diverse portfolio spanning electricity generation and transmission, as well as a stake in natural gas transportation. The company operates roughly 10 GW of power generation capacity (about 11.7 GW including partners) across 129 plants – predominantly renewable sources such as…
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Auren Energia (AURE3): Long-Term Investment Analysis for Global Investors
Business Overview Auren Energia S.A. is a Brazilian power generation and trading company formed in 2022 through the consolidation of Votorantim S.A. and CPP Investments’ energy assets . It has since grown into one of Brazil’s largest energy platforms, with a 100% renewable generation portfolio comprising hydroelectric, wind, and solar assets. After the recent acquisition…
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Raízen (RAIZ4) Long-Term Investment Analysis for Foreign Investors
Business Overview and Segmentation Raízen S.A. (RAIZ4) is a leading integrated energy company in Brazil, operating across multiple segments of the fuel and renewable energy value chain. Formed as a joint venture between Brazilian conglomerate Cosan and global oil major Shell, Raízen has grown into one of the world’s largest sugarcane processors and ethanol producers…
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Ibovespa closed with a 1.46% increase on Monday and rose 3.27% in July. What drove the index’s growth?
The index registered its fourth consecutive month of gains, primarily driven by commodities-related stocks this time. In July, the Ibovespa closed with a 3.27% increase, marking its fourth consecutive monthly gain. On the last trading day of the month (July 31st), the main index of the Brazilian stock exchange rose, driven by commodity exporters and…
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Petrobras (PETR4) announces a new dividend policy and will pay 45% of free cash flow to shareholders
The new policy allows for share buybacks, which, when executed, will be carried out through an approved structured program by the Council. The Board of Directors of Petrobras (PETR3; PETR4) announced on Friday (28th) that it has approved its new dividend policy, which also allows for share buybacks, according to a document sent to the…
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Vale (VALE3) announces the sale of 13% of its basic metals business for US$ 3.4 billion
The transaction valued the mining company’s metals division at US$ 26.0 billion On Thursday (27th), Vale (VALE3) announced that it has signed a binding agreement with Manara Minerals and the American asset manager Engine No. 1 to sell a 13% stake in its basic metals unit (VBM) for the amount of US$ 3.4 billion. The…
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Tapping into Brazil’s Renewable Energy Potential: Foreign Investment Opportunities in the Energy Sector
Brazil stands as a beacon of opportunity in the energy sector, particularly in the realm of renewable energy. With its abundant resources and commitment to sustainability, the country offers attractive investment prospects for foreigners seeking to participate in the energy transition. In this blog post, we will explore the investment opportunities in Brazil’s energy sector,…
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Petrobras to raise up to US$ 2.3 Billion in IPO of it’s distribution subsidiary
BR Distribuidora, distribution arm of Petrobras (PBR), started yesterday the process that should be the largest IPO since 2013 in Brazil. With the sale of a maximum of 33.75% of its stake in BR, the parent company Petrobras may raise up to R$ 7.5 billion (US$ 2.3 Bi), an important figure for its divestment plan.…
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Petrobras to Pay R$ 2.2 billion to ANP – National Oil Agency
Petrobras (PBR) reported today, after the market close, that the Arbitration Court issued on July 2nd, an interim decision on the arbitration proposal by Petrobras regarding the resolution of ANP (National Agency of Petroleum, Natural Gas and Biofuels), which considers the concessions Baleia Anã, Baleia Azul, Baleia Franca, Cachalote, Caxaréu, Jubarte and Pirambu as a…