Latest news with #investimento
Reuters
a day ago
- Business
- Reuters
Brazil power co gets OK for data center project with TikTok interest
SAO PAULO, May 30 (Reuters) - Wind farm developer Casa dos Ventos has regulatory approval to move ahead with a 300-megawatt project in northeast Brazil where the company has been discussing a major data center investment with the owner of TikTok. Brazil's national power grid operator (ONS) gave the green light to connect the project at the Pecém port complex in Ceará, Casa dos Ventos told Reuters on Friday. The total investment in infrastructure and equipment for the data centers is expected to reach 50 billion reais ($8.7 billion), the company added. The ONS approval should speed up talks with major technology companies including ByteDance, the Chinese parent company of TikTok, a person familiar with the negotiations said. Reuters first reported last month that the Chinese company was eyeing a major Brazilian data center investment with Casa dos Ventos, which partnered in 2022 with TotalEnergies ( opens new tab on its wind power portfolio. ($1 = 5.7180 reais)
CNA
a day ago
- Business
- CNA
Brazil's Meliuz launches share offering for bitcoin purchase
SAO PAULO : Brazilian fintech Meliuz said it has filed for a primary offering of shares with the aim of raising funds for the acquisition of bitcoin, with pricing scheduled for June 12. In a securities filing on Friday, Meliuz said the offering involves the primary distribution of, initially, 17,006,803 common shares to the amount of 150 million reais ($26.45 million). The operation may be expanded by up to 200 per cent of the total shares initially offered, it added.
Reuters
2 days ago
- Business
- Reuters
Brazil's Petrobras to commission 52 vessels by 2026-end in $5.1 billion investment
RIO DE JANEIRO, May 29 (Reuters) - Brazil's state-run oil firm Petrobras ( opens new tab will commission 52 vessels by 2026, investing 29 billion reais ($5.12 billion), said Chief Executive Magda Chambriard during an event on Thursday alongside President Luiz Inacio Lula da Silva. Without providing further details, Chambriard said the firm will ensure up to 65% in local content for the construction of the vessels, which would help boost Brazil's shipbuilding industry. ($1 = 5.6621 reais)
Reuters
3 days ago
- Business
- Reuters
IG4 Capital in talks to invest in Brazil's Rio Alto Energias, say sources
SAO PAULO, May 28 (Reuters) - A new fund managed by private equity firm IG4 Capital is in advanced talks with creditors of Brazilian renewable power company Rio Alto Energias Renovaveis ( opens new tab to restructure and invest in its operations, two people familiar with the deal said. Rio Alto, which builds and runs solar energy projects, has a portfolio of more than 1.8 GW in assets operating or under development, but has been struggling to avoid bankruptcy court. In February, the company requested a legal order temporarily halting creditor actions, as it seeks to restructure its debt. Rio Alto and IG4 declined to comment on the matter. One person familiar with the talks said that if the deal is completed, it will represent the first investment from IG4's Fund III (ZBGBAX.O), opens new tab, which has already raised some $200 million in capital. The deal would involve restructuring about 1.5 billion reais ($260 million) of debt and injecting some 300 million reais of fresh capital, the person said. IG4 is not the only potential buyer for Rio Alto, but it is well-positioned to move ahead with the deal, according to another person with knowledge of the transaction. The firm was co-founded by Paulo Mattos, a former GP Investments ( opens new tab executive, who was also a director at Brazilian development bank BNDES. ($1 = 5.69 Brazilian reais)
