Brazilian companies are likely to find room to raise funds abroad again in the coming months despite several risks in the international landscape. The cost of operations is up following the recent rise in the yields of U.S. Treasuries, but there are signs that global investors are once again looking at this model as an […]
Fazsol has signed a contract with Órigo Energia to build 17 solar farms with 33.4 megawatts of capacity, in the distributed power generation model, in which the consumer chooses its own supplier. The investment in the project is about R$150 million. The contract is part of Fazsol’s growth strategy in Brazil. Fazsol is the result […]
The flight of Brazilians to other countries, especially to the United States, gained strength last year, with the worsening of the economic crisis in the country and the permission of people vaccinated against Covid-19 to go abroad. In 2021, 17% of the Brazilians who left the country did not return, the highest number in the […]
A group of major investors, renowned biodiversity researchers and economists has created a company to implement the largest project to restore degraded areas in the country: re.green is born with initial capital of R$389 million and the pioneering goal of restoring 1 million hectares of Atlantic Forest and Amazon rainforest. The initiative to regenerate tropical […]
Brazil’s largest online stores are increasingly adding Pix as a payment method, with a record share in March, while debt cards are losing ground since the launch of Central Bank’s instant-payment system, the latest edition of the payment study Gmattos found. Last month, 69.5% of the analyzed stores offered the option of payment via Pix, […]
The sale of Braskem became competitive again. U.S.-based asset management company Apollo Capital made a non-binding offer of R$44.57 per share for the stake that is in the hands of Novonor (ex-Odebrecht), Valor has learned. Three sources familiar with the matter confirmed the interest of Apollo, which in the past had a relevant stake in […]
The asset management company Pátria Investimentos decided to put its data center division up for sale and is already in advanced talks with international M&A boutiques and foreign investment banks to define who could take over the business, sources familiar with the matter say. Odata would be valued at about $1 billion and is likely […]
After setbacks in the last few days, the government managed to appoint José Mauro Ferreira Coelho as Petrobras’s CEO and Márcio Andrade Weber as chair of the state-owned oil company. The two positions were open after Adriano Pires and Rodolfo Landim gave up, this week, to run for these positions, respectively. The new names were […]
Inflation of inputs and global uncertainties have affected highway auctions this year, but the calendar of projects remains active. In April, three important state projects are planned: a block of roads in Rio Grande do Sul, the Belo Horizonte beltway (skirting the capital city of Minas Gerais) and the São Paulo beltway. The contracts add […]
The yield curve has fallen over the last three weeks as the Central Bank’s Monetary Policy Committee (Copom) signaled that it is likely to end the tightening cycle in May after raising the Selic, Brazil’s benchmark interest rate, to 12.75%. Market agents not only removed bets on a longer cycle as a result. They also […]