Acelen Renováveis and Trafigura sign long-term agreement for renewable fuel supply and commercialization
Type: Supply Agreement · Technology: Biomass · Country: Brazil · Announced: 2026-06-25
Acelen Renováveis, the biofuels company of Mubadala Capital, and global commodities trading firm Trafigura, have signed a long-term agreement for the supply of raw materials and the commercialization of renewable fuels. These fuels will be produced by a biorefinery currently under development in the state of Bahia, Brazil. The contracts stipulate that Trafigura will supply approximately 470,000 tons per year of raw materials to Acelen Renováveis. This partnership aims to support the production and distribution of sustainable aviation fuel (SAF) and hydrotreated vegetable oil (HVO). The agreement strengthens Acelen Renováveis' position in the renewable fuels market and expands Trafigura's portfolio in sustainable energy commodities.
Counterparties
- Trafigura (Offtaker)
- Mubadala Capital (Parent Company)
- Acelen Renováveis (Supplier)