Vibra completed the acquisition of the remaining 50% stake in Comerc Energia for $648m.

Vibra, a distributor and marketer of petroleum derivatives and biofuels, completed the acquisition of the remaining 50% stake in Comerc Energia, a company that provides generator management, natural gas market, distributed generation, and energy efficiency solutions, for $648m. “Our decision is motivated by the significant financial return, which will come from the significant synergies synergies between the two companies and the low risk of a fully operational business. operational. Comerc has been showing good results, with the main generation generation projects completed and generating an annualized EBITDA of R$1bn by 2024,” Ernesto Pousada, Vibra CEO.