Acquisition

Macquarie Enters Energy Market in Brazil with Stake in Nova Energia

Latin America is attracting many investors, including Advent International, which recently closed a fund focused on the region

Merges & Acquisitions
27/11/2014 17:06
Visualizações: 3504 (0) (0) (0) (0)

Macquarie Group's (ASX: MQG) energy markets division is buying a minority interest in Brazilian electricity group Nova Energia.

 

Nova operates an electrical energy trading business. The company provides trading, risk management and consulting services to products and consumers in the Brazilian energy market. Terms of the investment were not disclosed. 

 

 

The deal marks Macquarie's entry into Brazil’s energy sector, but the firm has been active in the country since 1999. The firm provides financing services to Brazilian companies through an office in São Paulo.

 

Macquarie, headquartered in Sydney, provides banking, financial advisory and investment offerings. The firm has offices throughout the U.S., in New York, Boston, Chicago, Houston, Los Angeles and San Francisco.

 

Many investors have demonstrated interest in Latin America recently. In November, private equity firm Advent International closed a $2.1 billion fund focused on investing in Mexico, Brazil and Colombia.

 

Most Read
see see
International
PortXL presents its 2026 cohort of 11 maritime startups ...
30/09/26
ADIPEC
ADIPEC 2026 set to welcome record Asian participation as...
29/09/26
ANP
Royalties: amounts referring to July production were dis...
29/09/26
25th WPC
Riyadh Takes Center Stage as Global Energy Heavyweights ...
28/09/26
ROG.e 2026
Petrobras president advocates active exploration and exp...
25/09/26
ROG.e 2026
Nikki Martin, president and CEO of EnerGeo Alliance, spo...
25/09/26
ROG.e 2026
Oil States Highlights Integration Between Engineering, M...
25/09/26
ROG.e 2026
Port of Açu and OceanPact sign agreement for expansion o...
25/09/26
ROG.e 2026
Lumina’s Role and the Impact of ROG.e 2026 on the Energy...
25/09/26
ROG.e 2026
Leaders Identify Brazil as a Pillar of Energy Security a...
24/09/26
ROG.e 2026
Firjan SENAI and Sebrae Rio Connect Small Businesses wit...
24/09/26
ROG.e 2026
PPSA Study Identifies Best Practices to Support Investme...
24/09/26
ROG.e 2026
ROG.e 2026 Reinforces the DE&I Agenda in the Energy Sect...
24/09/26
ROG.e 2026
IBP Launches Publication on Energy Companies’ Socio-envi...
23/09/26
ROG.e 2026
Industry Giants and Independent Producers Accelerate Pro...
22/09/26
ROG.e 2026
Firjan Attends ROG.e 2026 Opening Ceremony and Signs Tec...
22/09/26
ROG.e 2026
ROG.e 2026 Opening Ceremony Highlights Just Energy Trans...
21/09/26
ROG.e 2026
Global Leaders Position Brazil as a Hub of Stability, At...
21/09/26
ROG.e 2026
Exclusive Interview: Pelagus targets Brazil to strengthe...
21/09/26
ROG.e 2026
At ROG.e, Firjan SENAI Holds the 30th Edition of the Sup...
21/09/26
ROG.e 2026
ROG.e 2026 kicks off next Monday (21) with global energy...
19/09/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.