Portuguese 
English 
Spanish 
2 min of reading 
Petrobras Reiterates Commitment to Transparency in Its Divestment Projects and Portfolio Management in Statement
Petrobras announced yesterday (12/23) in a material fact that it signed the contract for the sale of 50% of BSBios Indústria e Comércio de Biodiesel Sul Brasil to RP Participações em Biocombustíveis for R$ 322 million. Petrobras Signed with Petrorecôncavo the Sale of 12 Onshore Fields in Bahia
Read Also
- Billion-Dollar Divestment: Petrobras Finalizes Sale of Liquigás for 4 Billion Reais
- HR at Engeman Macaé Ends Year by Calling for Offshore Positions
- Recruitment and Selection at SBM Offshore in Rio de Janeiro, São Paulo, and Vitória for Internship Positions
BSBios owns biodiesel plants in Passo Fundo (RS) and Marialva (PR).
According to Petrobras’ report, the amount of R$ 322 million, including monetary correction adjustments, will be deposited in linked accounts (escrow) for PBio’s stake in BSBios and is subject to customary adjustments for transactions of this nature.
-
Renewable energy advances over protected areas in Brazil, and a survey by the Energy Transition Observatory reveals silent impacts that challenge environmental conservation and pressure sensitive traditional territories.
-
Rio Grande do Sul accelerates energy transition: State invests in renewable technologies and consolidates decarbonization strategies and pathways to attract billions in new industrial investments.
-
With 160,000 m² of collectors, an area larger than 20 football fields, Silkeborg, in Denmark, hosts a solar thermal plant that heats 19,500 homes and could become the largest solar heating plant in the world.
-
A study reveals the expansion of renewable energy procurement in Brazil and shows how companies are taking advantage of opportunities to reduce expenses, ensure energy efficiency, and strengthen strategic environmental commitments.
R$ 255 million will be withdrawn by PBio upon transaction closing, while R$ 67 million will be held in a linked account for potential contingencies and released according to the terms and conditions set forth in the contract. The closing of the transaction is subject to the fulfillment of customary conditions precedent.
Petrobras Reiterates Commitment to Transparency in Its Divestment Projects and Portfolio Management in Statement
About BSBios
BSBios owns two biodiesel plants: one in Passo Fundo (RS) with a production capacity of 414 thousand m³/year, crushing capacity of 1.152 million tons/year, and storage capacity of 120 thousand tons of grains, 60 thousand tons of meal, and 7.5 thousand m³ of biodiesel; and another located in Marialva (PR) with a production capacity of 414 thousand m³/year and storage capacity of 3 thousand m³ of vegetable oil, 1.5 thousand m³ of animal fat, and 4.5 thousand m³ of biodiesel.
About RP Participações em Biocombustíveis
Founded in 2011, RP Participações em Biocombustíveis S.A. is a company controlled by ECB Group, primarily engaged in participating and investing in companies that produce and market biofuels. Its main investment is the equity stake in BSBios.
Seja o primeiro a reagir!