Deals Counterparts

Cosan S.A. and Compass Gás e Energia S.A. Sign Agreement for Gas Distribution Infrastructure

Asset Sale Gas Distribution announced Brazil Dec 18, 2025
USD342M
Deal Value
Gaspetro
Project

Compass Gás e Energia S.A. acquired Gaslink from Cosan S.A., expanding its gas distribution infrastructure in Brazil. The deal strengthens Compass's position in the Brazilian gas market.

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Source Intelligence

KEY DETAILS

Gaspetro has a distribution network of more than 10,000km of gas pipelines. Quote: Gaspetro holds interests in 19 gas distribution companies in several Brazilian states with a distribution network of more than 10,000km of gas pipelines.

Deal Size
At the end of 2015, Petrobras sold 49% of its shares in Gaspetro to Japan’s Mitsui  for 1.93bn reais (US$342mn).
Location
Gaspetro holds interests in 19 gas distribution companies in several Brazilian states
Announcement
Published: Tuesday, October 27, 2020
PARTIES MENTIONED IN SOURCE
C
Cosan buyer

"Brazilian energy firm Cosan said its subsidiary Compass Gás e Energia has made a binding proposal to acquire NOC Petrobras ’ 51% share in gas distribution holding Gaspetro ."

C
Compass Gás e Energia buyer

"Brazilian energy firm Cosan said its subsidiary Compass Gás e Energia has made a binding proposal to acquire NOC Petrobras ’ 51% share in gas distribution holding Gaspetro ."

P
Petrobras seller

"Brazilian energy firm Cosan said its subsidiary Compass Gás e Energia has made a binding proposal to acquire NOC Petrobras ’ 51% share in gas distribution holding Gaspetro ."

M
Mitsui investor

"At the end of 2015, Petrobras sold 49% of its shares in Gaspetro to Japan’s Mitsui  for 1.93bn reais (US$342mn)."

high quality Enriched Feb 19, 2026

Timeline

Announced
Dec 18, 2025
Signed
Closed

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