MDCPar Plans Biomass Expansion With Stake in Energias Renovaveis

(Bloomberg) — MDCPar SA, a natural gas trader, is seeking
to acquire a stake in the renewable-energy company Energias
Renovaveis do Brasil.

MDCPar is planning to expand into biomass energy through
the deal, it said in a filing today with Brazil’s antitrust
regulator Cade.

MDCPar is owned by the Brazilian investment fund FI-FGTS.
The companies didn’t provide the terms of the transaction. .

To contact the reporter on this story:
Vanessa Dezem in Sao Paulo at
vdezem@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Will Wade, Carlos Caminada

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
 
Sign up for our free monthly newsletter →

Want to learn how we help our clients put it all together? Contact us