A Minerva Foods, a Brazilian company publicly traded on the Stock Exchange, announced this Monday (19) the purchase of 98% of the common shares of Irapuru II Energia, a subsidiary of Grupo Elera Energia SA, for R$ 20 million.
According to Minerva, the target of acquisition is the implementation of a project self-production of solar energy in the city of Janaúba (MG).
A plant will have an aggregate installed capacity of 48,118 MWac, enough to supply nine Minerva plants in Brazil.
“This is another great achievement of Minerva Foods’ sustainability agenda, with a focus on promoting renewable, efficient and sustainable alternatives in energy supply”, highlighted the company.
In the communiqué, the Brazilian company also informed that the deal has already been approved by the CADE (istrative Council for Economic Defense), but which still depends on other precedent conditions.
A The company has already been consuming renewable energy through the Free Energy Market since 2020. In addition, it also acquires Renewable Energy Certificates, through its subsidiary Minerva Energia, to neutralize greenhouse gas emissions from its operations.
About Minerva Foods
A Minerva Foods is one of the largest companies in beef export of South America and also operates in the industrialized segment, selling its products to more than 100 countries.
In addition to Brazil, the company is present in Paraguay, Argentina, Uruguay, Colombia, and has plants specializing in sheep in Australia.
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