Global Infrastructure SherpaBolognesi's Brasilterm Energia acquires control of Multiner and Mesa Participações
Brasilterm Energia, a subsidiary of the Bolognesi group, has acquired control of Multiner and Mesa Participações, along with their controlled entities, through the purchase of shares held by Multiner Fundo de Investimento em Participações Multiestratégia (FIP). The agreement was published by Cade on March 11, 2026, marking the resolution of a corporate dispute and integrating Multiner's assets into Bolognesi's portfolio.
Counterparts (5)
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- Acquisition resolves a corporate dispute.
- Deal announced March 11, 2026, via Cade.
- Transaction value not disclosed.
- Brasilterm Energia acquired shares from Multiner FIP.
Source Intelligence
The agreement was published by Cade and does not depend on authorization from other antitrust or regulatory agencies. The operation promotes a consensual corporate reorganization between Bolognesi group and FIP, who were the sole shareholders. The Alegria complex was developed under the Programa de Incentivo às Fontes Alternativas de Energia Elétrica (Proinfa). The deal resolves a corporate dispute that led to arbitration, with a final arbitration sentence in April 2022. The transaction aims to implement the FIP's objective of structured divestment in Multiner and Mesa Participações, and to suspend all judicial, arbitral, or extrajudicial demands between the parties for 180 days, extendable by 90 days. Mesa Participações' social objective is the generation, transmission, and commercialization of electric energy.
"A Brasilterm Energia, do grupo Bolognesi, assumiu o controle das empresas Multiner e Mesa Participações"
"A Brasilterm Energia, do grupo Bolognesi, assumiu o controle das empresas Multiner e Mesa Participações"
"por meio da compra das ações detidas pelo Multiner Fundo de Investimento em Participações Multiestratégia (FIP)."
"assumiu o controle das empresas Multiner e Mesa Participações e de suas controladas"
"assumiu o controle das empresas Multiner e Mesa Participações e de suas controladas"
"O ativo está sob responsabilidade da New Energy Options Geração de Energia (NEO), subsidiária integral da Multiner."
"A companhia também é responsável pela Companhia Energética do Uruguai, desenvolvedora da hidrelétrica Iraí"
"possui contratos de compra e venda de energia vigentes até 2030 com a Empresa Brasileira de Participações em Energia Nuclear e Binacional (ENBPar)."
"Para a transação, o FIP realizou a contratação de assessores jurídicos, técnicos e financeiros para esta transação."
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