Acelen opens office in Houston targeting the American biofuels market
Acelen, a giant in the Brazilian energy sector and part of the Mubadala Capital portfolio, marked a new chapter in its history with the opening of an office in Houston, Texas, one of the global energy capitals. This strategic move positions the company at the heart of market de biofuels of the United States, seeking to expand its influence on the international energy scene.
Over the last year, Acelen has taken decisive steps to reinforce its role in Brazil's energy transition. The incursion into market American represents a significant leap forward in the company's efforts to establish itself as a global force in the field of biofuels.
Strategic partnership and expansion in Brazil
Mubadala Capital, together with Petrobras, a Brazilian state-owned company, signed a Memorandum of Understanding to explore joint opportunities in the biofuels. This agreement highlights Acelen's dedication to developing an ambitious biofuels in Brazil, consolidating a strategic partnership that could significantly transform the country's energy landscape.
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Acelen's investment forecast exceeds R$12 billion (around US$2,5 billion) in the next decade. This financial contribution has the potential to revolutionize the value chain of biofuels, with an estimated annual production of one billion liters of SAF (Sustainable Aviation Fuel) and Renewable Diesel. The use of Macaúba, a tree native to Brazil, will be crucial in this process, with the planting of 200 thousand hectares of this plant, in addition to other native crops, on Brazilian lands.
Economic and environmental impact
Acelen not only intends to stimulate the economy with an investment of R$85 billion (approximately US$17,3 billion), but also to create around 90.000 jobs. Furthermore, the company aims to reduce CO2 emissions by up to 80%, demonstrating its commitment to sustainable practices and the energy transition.
Luiz de Mendonça, CEO of Acelen, emphasized the company's vision: “Our objective is to accelerate the energy transition in Brazil, positioning the country as a leader in the production of biofuels. We are determined to create a sustainable future for the planet.”
Oscar Fahlgren, CIO of Mubadala Capital and responsible for the division in Brazil, highlighted the importance of market American: “The renewable energy sector is growing rapidly around the world, and the United States represents a market key to driving this change. Acelen’s presence in Houston is a strategic step for the company, aligning with its mission to lead the energy transition globally.”
Acelen, with the collaboration of the UAE-US Partnership to Accelerate Clean Energy (PACE), plans to utilize the US energy ecosystem to leverage the production and deployment of biofuels on a global scale. PACE, an agreement to mobilize $100 billion in financing and investment for clean energy, perfectly aligns with Acelen's goals to advance the energy transition and maximize climate benefits.
This new chapter in Acelen's trajectory not only reinforces its leadership role in the energy transition in Brazil, but also signals its ambition to be a global reference in the energy sector. biofuels. The opening of the Houston office is a significant step towards a greener and more sustainable future.
Source: Rodrigo Borba Martins de Souza.