BR Distribuidora Completes Acquisition of Targus and Enters Electric Energy Market

Written by Flavia Marinho

Published on 03/02/2021 at 12:07

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With the Closing of the Acquisition of Targus, BR Distribuidora Will Offer Products and Services Related to the Free Electricity Market

BR Distribuidora completes the acquisition of Grupo Targus Energia and begins a new phase in its pursuit of product offer diversification. With the closing of the operation, the company announces its definitive entry into a new segment: the marketing of electricity. Petrobras Has Approval from Cade and Acquires Participation from Total in 5 Oil Blocks in the Amazon

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BR has become the majority partner of Grupo Targus Energia and, after completing all planned investments by December 31, will hold 70% of its social capital.

In addition to the completion of the transaction, BR Distribuidora signed a 15-year shareholders’ agreement with the current partners of Targus, providing for option agreements for the acquisition of the remaining 30% stake.

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BR Distribuidora Completes Acquisition of Targus and Enters Electric Energy Market

With the Closing of the Acquisition of Targus, BR Distribuidora Will Offer Products and Services Related to the Free Electricity Market

Read Also

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

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After 50 years of searching fields with a metal detector, a man found a Viking gold arm ring weighing 27.26 grams on the Isle of Man, made with 8 braided wires and buried for over 1,000 years, a rare piece folded for concealment that reveals how wealth circulated in the Nordic world.

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BR Distribuidora Completes Acquisition of Targus and Enters Electric Energy Market

With the Closing of the Acquisition of Targus, BR Distribuidora Will Offer Products and Services Related to the Free Electricity Market

Read Also

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

In the Saudi Arabian desert, the world’s largest green hydrogen plant is 80% complete and will use 4 gigawatts of solar and wind energy to produce 600 tons of clean fuel per day when it opens in 2027.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

Every time a river flows into the sea, an amount of energy equivalent to a 120-meter waterfall is silently wasted, but Japan has just inaugurated the world’s first power plant that captures this waste and transforms it into electricity 24 hours a day without sun, wind, or fuel.

Silicon Valley bets on a 100-hour battery that uses carbon and oxygen to store renewable energy for days and could turn a little-known chemical system into an alternative to critical metal batteries to tackle prolonged blackouts.

Canadian engineers want to compress air in underground caverns and build plants of up to 500 MW that function as giant lungs to store renewable energy for hours and stabilize entire electrical grids.

British engineers cool air until it turns into liquid, store energy for weeks, and create an “invisible battery” capable of sustaining the power grid when the wind stops and the sun disappears.

PetroReconcavo takes 100 children from the Ciranda Viva project to the Bahia Book Fair and reinforces its investment in education, culture, and social development in the metropolitan region of Salvador.

After 50 years of searching fields with a metal detector, a man found a Viking gold arm ring weighing 27.26 grams on the Isle of Man, made with 8 braided wires and buried for over 1,000 years, a rare piece folded for concealment that reveals how wealth circulated in the Nordic world.

Goodbye Buser? A project approved in the Chamber may prohibit the sale of individual tickets and completely transform app-based transportation in the country.

INSS retirees have until May 20, 2026, to adapt to new rules for payroll loans and avoid blockages and cancellations.

The 12% export tax on Brazilian oil reignites the debate on regulatory risk, competitiveness, and impact on the trade balance.