Petrobras, The Giant of Brazilian Oil, Announced Yesterday (08/18) That It Completed the Acquisition of Its Stake in The Ibirité Power Plant for R$ 1 Plus Compensation!

Written by Flavia Marinho

Published on 19/08/2022 at 16:57

Updated on 19/08/2022 at 21:38

Usina Termelétrica UTE Ibirité Petrobras – Imagem Petrobras

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For R$ 1 More Compensation, Petrobras Made a Purchase and Acquired the Remaining 50% Shares of Ibirité Thermal Power Plant

The Brazilian oil giant Petrobras made a purchase on June 1 and signed a contract to acquire the remaining 50% of Ibiritermo — owner of the Ibirité Power Plant, located in Minas Gerais with an installed capacity of 226 MW. The state-owned company announced yesterday (08/18), in a material fact to the market, that it has completed the acquisition of Edison S.p.A.’s (50%) stake in Ibiritermo S.A. and has completed the transfer of Ibirité Thermal Power Plant (UTE Ibirité) to the Company.

It is worth remembering that Petrobras already owned a 50% stake in Ibiritermo S.A. With the completion of the transaction, Petrobras now holds 100% of the shares of Ibiritermo S.A. and exclusive ownership of the Ibirité Power Plant, starting its operation as an asset integrated into the company’s thermal portfolio, without any associated corporate structure. Also upon completion, Petrobras begins the necessary measures for the closure of Ibiritermo S.A. through liquidation.

About the Ibirité Power Plant, Located in Minas Gerais, Purchased by the State-Owned Company

Founded in 2001, Ibiritermo S.A. is a closed capital corporation, having as its sole asset the Ibirité Power Plant, located in the municipality of Ibirité, Minas Gerais, with an installed capacity of 226 MW.

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Petrobras, The Giant of Brazilian Oil, Announced Yesterday (08/18) That It Completed the Acquisition of Its Stake in The Ibirité Power Plant for R$ 1 Plus Compensation!

For R$ 1 More Compensation, Petrobras Made a Purchase and Acquired the Remaining 50% Shares of Ibirité Thermal Power Plant

About the Ibirité Power Plant, Located in Minas Gerais, Purchased by the State-Owned Company

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Petrobras, The Giant of Brazilian Oil, Announced Yesterday (08/18) That It Completed the Acquisition of Its Stake in The Ibirité Power Plant for R$ 1 Plus Compensation!

For R$ 1 More Compensation, Petrobras Made a Purchase and Acquired the Remaining 50% Shares of Ibirité Thermal Power Plant

About the Ibirité Power Plant, Located in Minas Gerais, Purchased by the State-Owned Company

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

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