Vibra Energia signs agreement with ZEG to expand distributed generation
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.
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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.
"Brazilian fuel retailer Vibra Energia SA has announced its agreement to acquire 50 percent of ZEG Biogas"
"Brazilian fuel retailer Vibra Energia SA has announced its agreement to acquire 50 percent of ZEG Biogas"
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