On December 1, 2023, the Brazilian Development Bank (BNDES) took charge of the Green Coalition’s Steering Committee. Announced at the COP28 conference in Dubai, this coalition includes 17 Amazon region development banks. They collaborate with global financial institutions. Their plan commits $20 billion over seven years to Amazonian sustainability. This initiative focuses on combating climate […]
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Brazil to Launch Historic Train Link Between São Paulo and Campinas
Brazil has initiated a bidding process to construct a railway that will link the major cities of São Paulo and Campinas. They plan to start choosing builders on February 29 at a stock market event. The goal is to pick teams from Brazil and beyond to finish this work by 2031. São Paulo’s leaders shared […]
Eneva’s R$3.2 Billion Share Offering Fuels Energy Expansion
Eneva, a leading Brazilian energy company, has successfully raised R$3.2 billion ($571 million) through a follow-on share offering. The company priced its shares at R$14 each, closely matching the previous day’s closing price of R$13.95. This strategic move aims to strengthen Eneva’s position in Brazil’s dynamic energy sector. The capital raised will fund power generation […]
