Portuguese 
Spanish 
2 min of reading 
New Investment In The Renewable Energy Market Includes This Time A Contract Between AES Brazil And Itaú Unibanco
On Wednesday (17), AES Brazil entered into an investment agreement with Itaú Unibanco, through which Itaú Unibanco will subscribe to new preferred shares of renewable energy to be issued by AES Brazil’s holding company, Guaimbê Solar Holding. Itaú Unibanco will become a shareholder of Guaimbê Holding and will hold a stake equivalent to 19.9% of its equity, through the subscription of a capital increase worth R$ 855 million.
Read Also
The acquisition of a shareholding stake by Itaú Unibanco in AES Brazil’s renewable holding strengthens its ability to attract quality investors as well as the bank’s commitment to promoting renewable energy generation.
For AES Brazil, this is an opportunity to promote its growth project, directing the resources provided by Itaú Unibanco to expand its portfolio of renewable energy projects.
-
Advancement in renewable energy: A R$ 150 million project launched by Petrobras and Finep aims to create state-of-the-art electrolyzers for green hydrogen, strengthening national research and preparing Brazil to compete in a billion-dollar energy market.
-
Illiterate or semi-literate grandmothers were trained to repair solar systems, open rural workshops, and light up homes that still depended on kerosene.
-
The world has bet on green hydrogen as the fuel of the future, but now faces the side effect: producing 1 kilogram requires about 9 liters of ultrapure water, and the largest projects on the planet are precisely in the driest regions of the Earth, where water is already scarce for people.
-
Africa has about 500,000 cell towers and most still burn diesel to operate, while companies rush to cover antennas with solar energy and avoid signal blackouts.
Renewable Energy Company Reports Profit Of R$ 51.5 Million In 3Q20 Results
The renewable energy generator released its balance sheet for the third quarter of this year. In the document, the renewable energy generator reports a net profit of R$ 51.5 million, which represents a result 47.3% lower than the R$ 97.1 million obtained in the same months of last year.
AES Brazil
As one of the largest energy companies in the United States, AES Brazil is a subsidiary of AES Corporation. The Brazilian company operates in the sectors of services, generation, storage of electric energy, and has been present in our country since 1997.
All companies in the AES Brazil Group integrate into the holding company Companhia Brasiliana de Energia, formed by AES Corp. It holds 50.01% of the voting capital, and BNDES, the National Bank for Economic and Social Development, holds 49.99% of the voting capital.
Be the first to react!