Vibra Energia Acquires Stake in ZEG Biogás and Will Invest R$ 412 Million in Biofuel Production Projects

After the Approval of the Company’s Board for the Purchase Process, Vibra Acquired a 50% Stake in the Energy Company ZEG Biogas and Announced a Million-Dollar Investment for the Production of Biofuels in Future Projects with the Company.

On last Monday, (07/04), the energy company Vibra announced the acquisition of 50% of ZEG Biogas and Energy, following the approval of Vibra’s Board of Directors. And although awaiting a series of other bids, the company also announced an investment of R$ 412 directed toward future investment in biofuel production projects like biogas and biomethane.

Vibra’s Acquisition Process of a Stake in ZEG Biogas is Approved by the Company’s Board and Will Undergo Approval by CADE

Aiming at the biofuels market in a context of expanding energy transition and the need for new alternatives for the transportation sector, Vibra announced its new venture and acquired 50% of ZEG Biogas in a recent transaction. Thus, the company will hold half of the energy and fuel company and will be able to expand its presence in this segment, focusing on biogas and biomethane. 

The transaction for the acquisition of the company will involve a primary investment of R$ 30 million upon closing the operation, and a secondary amount of R$ 129.5 million. Thus, Vibra will officially hold half of the participatory shares in ZEG Biogas.

Although it has been approved by Vibra’s Board of Directors, the transaction between the companies still needs to go through new processes, such as approval by the Administrative Council for Economic Defense (CADE), as established by the Corporation Law. However, for transactions of this type. 

Nevertheless, the companies are well advanced in the transaction process, and Vibra’s Executive Vice President of Finance, Procurement, and IR, André Natal, emphasized that “This Operation complements Vibra’s platform of renewable products and services, reinforcing the Company’s relevant position in the transition and decarbonization of the Brazilian energy matrix, by increasing the supply of cleaner, renewable, and sustainable energy. ZEG Biogas has the potential to produce over 2 million m³/day within 5 years.”

Vibra Plans to Invest R$ 412 Million in Developing Projects for Biofuel Production Focused on the Global Market 

In addition to announcing the acquisition of 50% of ZEG Biogas on Monday, the energy company Vibra also provided details about its plans for its involvement with the company. Thus, there will be a total investment of R$ 412 million applied in the development of projects aimed at biofuel production like biogas and biomethane.

Moreover, of this total, an amount of R$ 206 million would be related to Vibra’s 50% stake, and the other R$ 206 million would be contributed on behalf of the other partners.

Thus, the million-dollar investment in biofuel projects could position Vibra in a new branch of the international market, as the company is currently focused on energy businesses but aims to diversify its portfolio.

Therefore, the acquisition of ZEG Biogas is part of the growth plan in the fuel market, specifically in biofuel projects, taking advantage of the need for clean resources for the current transportation sector. 

Now, the company awaits the completion of the transaction process following the approval of government bodies, such as CADE, and the internal administration of ZEG Biogas itself. The biofuel company has as a crucial principle in its actions the reduction of negative impacts caused by the use of fossil fuels in the energy matrix worldwide, and this is the moment for Vibra to capitalize on the growth potential of its latest acquisition.