Motiva closes two-year solar power purchase agreement with FIT Energia for distributed generation at concession roads in São Paulo and Paraná

Type: Ppa · Technology: Solar · Country: Brazil · Announced: 2026-05-25

Motiva signed a two-year power purchase agreement with FIT Energia, a subsidiary of Santander, to supply solar energy through distributed generation for its concession roads in São Paulo and Paraná states. The deal is expected to reduce Motiva's electricity costs by an average of 22% over the contract term. FIT Energia will provide the solar power under Brazil's distributed generation framework, leveraging its renewable energy portfolio within the Santander group. The agreement covers operational sites across both states, integrating solar generation into Motiva's existing infrastructure. This transaction aligns with Santander's broader push into renewable energy financing and distributed solar solutions in Brazil's infrastructure sector.

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