Acelen Renewables gathers strategic partners for an innovative energy transition project
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Friday, December 8, 2023
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DUBAI, UAE, Dec. 8, 2023 /PRNewswire/ -- Acelen Renewables hosted an event on Thursday, December 7, at the Museum of the Future in Dubai, aiming to globally present its pioneering project that will propel Brazil a step forward in the global energy transition. Newly created and announced during COP-28, the company enters the market with investments exceeding $2.5 billion. The primary focus will be on the production of renewable fuels, Sustainable Aviation Fuel (SAF), and Renewable Diesel, derived from the Macauba - a native Brazilian plant with high energy potential. The company is a subsidiary of Acelen and is sponsored by Mubadala Capital, a global asset management company.
Key Points:
- At Thursday's event, global authorities and leaders had the opportunity to closely explore Acelen Renováveis' key initiatives towards the energy transition.
- Very pleased to say that Acelen Renewables is already part of the seed of the future," commented Luiz de Mendonça, the company's CEO.
- It's an economy that, with natural capital for energy transition, is becoming healthier, growing more than the rest of Latin America.
- Acelen Renewables seized the importance of COP-28 to promote the signing of several contracts with strategic partners.