Vibra Energia signs agreement with ZEG to expand distributed generation

By Global Infrastructure Sherpa · Sep 18, 2024

Agreement Distributed Generation announced Brazil Sep 18, 2024

USD5.6M

Deal Value

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Capacity

Vibra Energia signed an agreement with ZEG to expand distributed generation projects. The partnership aims to offer more sustainable and cost-effective energy solutions to consumers.

Source Intelligence

KEY DETAILS

Vibra has the possibility of increasing the stake to 70 percent in the future, as it looks to expand its footprint on renewable energy. It has also committed to invest up to 412 million reais in the company over the next few years for the execution of biogas and biomethane projects. The deal still requires approval from Brazil's antitrust watchdog.

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Deal Size

it will make an initial investment of 30 million reais ($5.63 million) on ZEG upon closing of the deal, which will also include a second instalment of 129.5 million reais.

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Capacity

ZEG Biogas has the potential to reach output of more than 2 million cubic metres per day in up to five years.

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Location

Brazilian fuel retailer Vibra Energia SA has announced its agreement to acquire 50 percent of ZEG Biogas

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Announcement

Brazilian fuel retailer Vibra Energia SA has announced its agreement to acquire 50 percent of ZEG Biogas

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Signing

Brazilian fuel retailer Vibra Energia SA has announced its agreement to acquire 50 percent of ZEG Biogas