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: 3505 (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
ROG.e 2026
Camorim invests R$ 250 million in 2026 to expand fleet a...
18/09/26
ROG.e 2026
Firjan SENAI SESI Presents New Technologies at ROG.e Dev...
18/09/26
ADIPEC 2026
ADIPEC 2026 to mobilise investment in resilient, intelli...
18/09/26
Acquisition
CoreMarine takes a decisive step to expand its offshore ...
17/09/26
ROG.e 2026
M&O and Belga Marine to Showcase Global Energy and Offsh...
17/09/26
26th WPC
WPC ENERGY announces the theme, date and location for it...
16/09/26
New Contracts
Petrobras awards Strohm a contract to supply thermoplast...
15/09/26
ROG.e 2026
Equinor Celebrates 25 Years in Brazil and Showcases Its ...
15/09/26
ROG.e 2026
Sindicom to Host Lubricants Arena at ROG.e 2026
15/09/26
ROG.e 2026
ROG.e 2026 Expected to Generate R$ 593 Million for Rio d...
14/09/26
ABPIP
Independent Producers Propose Nine Measures for the Next...
14/09/26
Products and Services
RiverTough Bearings and Seals
05/09/26
International Company News
OES Group Returns to Private Ownership Following Managem...
31/08/26
Pre-Salt
Petrobras platforms P-80 and P-82, which will operate in...
31/08/26
Royalties
Values related to June production were distributed to st...
27/08/26
People
bp appoints Felipe Arbelaez head of country for Brazil
27/08/26
ROG.e 2026
ROG.e 2026 brings global leaders together to discuss the...
26/08/26
Pre-Salt
Búzios field sets monthly and daily natural gas export r...
26/08/26
Navalshore
Firjan SENAI presents the Supplier Opportunities Network...
17/08/26
Equatorial Margin
Morpho Well: Petrobras discovers hydrocarbons in ultra-d...
15/08/26
Power Generation
Campo Grande hosts four days of debates on bioenergy and...
12/08/26
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.