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New Deal


Announced

Completed

EEX and L4 Venture Builder formed N5X.

Synopsis

EEX, a capital markets company, and L4 Venture Builder, a private equity firm, formed N5X, a financial services company. Financial terms were not disclosed. "Super happy with today´s announcement and the creation of N5X, a future energy exchange in Brazil. This investment is a partnership between L4 Venture Builder and our colleagues from Nodal Brazil, the american arm of European Energy Exchange AG - the largest energy exchange in the world and a group controled by Deutsche Börse. This investment has a great purpose and a long-term view and will be led by Dri Barbosa! Special thanks to Watt Capital Advisory and our GLAB team from the MIT Sloan School of Management who have supported L4 in this transaction," Pedro Meduna, L4 Venture Builder Co-Founder.

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