Gulf Fund Mubadala Backs $1.5B Brazil Biofuel Plant
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5 Articles
The plant will have the capacity to produce 1 billion liters of renewable aviation fuel (SAF) and green diesel; the company plans to invest US$12.5 billion in a total package of 5 biorefineries.
Gulf Fund Mubadala Backs $1.5B Brazil Biofuel Plant
Brazil · Energy Transition Key Facts —The funding: the Acelen biorefinery secured $1.5 billion to start construction in Bahia, the energy arm of Abu Dhabi’s Mubadala Capital. —The output: from 2029 the plant will make 1 billion liters a year of sustainable aviation fuel and renewable diesel. —The lenders: a consortium led by HSBC and […] The post Gulf Fund Mubadala Backs $1.5B Brazil Biofuel Plant appeared first on The Rio Times.
The company Aceler Renováveis, controlled by the sovereign investment fund Emirati Mubadala, has announced that it will invest $3 billion in the construction of a biorefinería to produce renewable fuels in Brazil, mainly those destined for aviation. Acceler reported in a statement that it signed an agreement to obtain an initial loan of $1.5 billion to finance the project by a group of banks led by HSBC and the International Finance Corporation …
Acelen Renov announced on Thursday (21) that it closed the financing of US$ 1.5 bilh o (R$ 7.5 bilh es) for the construction of a biorefinery in Bahia. The project previews the production, from 2029, of diesel renov vel and SAF, the fuel vel sustain vel de avia o. Read more (05/21/2026
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