Brazilian Renewable Energy Company or Brenco, the largest renewable energy company in Brazil, is in talks for a 10% stake in Dollex Industries, a fully integrated alcohol-ethanol-sugar manufacturer.
Brenco, which plans to produce 1 billion gallons of ethanol a year, was founded by Philippe Reichstul, former chief executive of Brazili’s state oil company Petrobras.
Venture capitalist Vinod Khosla, American supermarket magnate Ron Burkle and America Online founder Steve Case invested in the company in March this year.
Read more in The DNA Money article.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment