Pontal completed the acquisition of a 67% stake in Thopen Energy for BRL1.2b.

Pontal, a renewable energy company, completed the acquisition of a 67% stake in Thopen Energy, a renewable energy company focused on the free electricity market, for BRL1.2b. "We looked at 15 possible transactions, and no other platform had the technology the way the market needs it. It's an empowerment of the client, which has already resulted in the recovery of over BRL100m combined," Gustavo Ribeiro, Pontal Energy CEO