From January to April this year, the government disbursed R$19.6 million ($3.5 mm) on actions aimed at forest protection, the Independent Fiscal Institution (IFI) reported. The amount set aside for the entire year is R$65.6 million ($12 mm). This is practically one fifth of what was disbursed last year: R$ 340.6 million ($62 mm).
Source: Valor Investe
Órigo Energia, which operates in the field of distributed generation with solar panels in Brazil, has raised R$106 million ($19.2 mm) from sustainable capital fund manager Blue like an Orange Sustainable Capital. The transaction, a mezzanine financing, aims to support Órigo’s long-term growth plan, whose main shareholders are TGP Art, from US private equity firm TGP, MOV Investimentos and Japan’s Mitsui.
Source: UOL Economia
Brazil will offer 92 blocks for exploration and production of oil and natural gas, under a concession regime, for a total minimum signature bonus of R$557.57 million ($101 mm), according to the public notice for the 17th Bidding Round, published by regulator ANP.
Source: Money Times
The commercialised production of the mineral sector in Brazil reached 227 million tons in the first quarter of this year, with an increase of 15% compared to the same period in 2020. From January to March 2021, the sector invoiced R$ 70 billion ($12.7 bn), which represents a 95% increase compared to the R$ 36 billion ($6.5 bn) obtained in the first quarter of last year.
Source: Agencia Brasil
The federal government will invest R$ 386 million ($70 mm) in a project to bring electric energy to isolated communities in three of the 16 municipalities that make up the Marajó archipelago, in Pará. The towns benefited at this stage are Curralinho, Melgaço and Portel. The first phase of the initiative intends to serve around 50,000 people and the measure is part of the action plan of the Embrace Marajó programme.
Source: Energia Hoje