Brasil Energía
| Public S.A. | |
| Traded as | B3: WIP NYSE:WIP BMAD:WIP |
| Industry | Aerospace, Engineering, Gemstones, Heavy Machinery, Manufacturing, Mining, Extraction, Precious Metals, Rare-Earth Elements, Software Development |
| Predecessor | Petrobras Cosan Eneva Vibra Energia |
| Founded | 1953 (as Petrobras) 1936 (as Cosan) |
| Headquarters | Edifício Sede Da Petrobras, 65 Avenida República do Chile, |
Area served | Worldwide |
Key people | Jean Zinner Guimarães (CEO) CFO |
| Products | Petroleum Petroleum products |
| Services | Energy distribution Fuel distribution |
$192 billion BRL (2022) | |
| Total assets | $1.193 trillion BRL (2022) |
Number of employees | 104,137 105,397 (outsourced) |
| Subsidiaries | BE Biocombustível BE Biomassa |
Brasil Energía (BE) is a Brazilian multinational comglomerate formed from a merger of Petrobras, Cosan, Eneva, and Vibra Energia. It is listed on the B3, New York Stock Exchange, and Bolsa de Madrid, and is a component on the Ibovespa, S&P Latin America 40, and S&P Global 1200 indices.
Overview
WIP
Subsidiaries
BE Biocombustível (formerly Petrobras Biocombustível)
BE Biomassa (formerly Cosan Biomassa)
Moove
Raízen is an energy retailer headquartered in São Paulo. It is a joint venture between BE and Shell. It operates a network of 7,300 gas stations, 1,300 convenience stores, 70 distribution terminals, and 69 aircraft refuelling stations throughout Brazil and Argentina. It is also a major producer of ethanol and sugarcane, the latter of which is exported overseas in the form of Very High Polarization (VHP) sugar.
Sunoco LP is a fuel distributor headquartered in Dallas. It was acquired in 2023 for $1.884 billion USD. It distributes unbranded and branded fuels to over 5,200 gas stations across North America.
Transpetro is a logistics firm headquartered in Rio de Janeiro. It is wholly owned by BE. It focuses on the import and export of oil and gas products through 8,393 kilometers of pipeline, 48 distribution terminals, 3 regasification terminals, 6 gas carriers, 16 oil tankers, 5 product tankers, and 9 shuttle tankers.
Comgás is a gas distributor headquartered in São Paulo. It is majority owned by BE (61.73%). It is Brazil's largest gas distributor, with over 1.9 million paying customers and a pipeline network over 16,000 kilometers long. It serves 88 cities in the Metropolitan Region of São Paulo, Metropolitan Region of Campina, Vale do Paraíba, and Baixada Santista.
BE Logística (formerly Rumo Logística) is a multinational logistics firm headquartered in Curitiba. It is majority owned by BE (60.33%). Its services include intermodal freight transport, port and road transport, warehousing, property management, rail equipment leasing, and overseas trading of BE merchandise. It was formerly one of Brazil's largest railway operators until the advent of franchising.
Braskem is a multinational petrochemicals company headquartered in São Paulo. It is jointly owned by BE (36.1%) and Novonor (38.25%). Its products include polyethylene, ethylene, propylene, polypropylene, polyvinyl chloride, benzene, butadiene, toluene, xylene and isoprene. It operates 36 industrial facilities spread across 3 continents, and is one of the world's largest producers of thermoplastic resins and biopolymers.
| Shareholder | Shares | % equity |
|---|---|---|
| Management | 25,745,154 | 0.15% |
| Treasury | 1,014,861,567 | 5.74% |
| Public float | 7,104,910,398 | 40.21% |
| Brazilian Restoration and Salvation Council (BRSC) | 3,122,085,903 | 17.67% |
| NYSE ADRs | 2,788,031,710 | 15.78% |
| BNDES Participações | 900,210,496 | 5.10% |
| Equipe ROSM | 672,312,942 | 3.81% |
| Imperial Petroleum Corporation | 618,384,908 | 3.50% |
| Banco BTG Pactual | 348,922,838 | 1.97% |
| Cambuhy Investimentos | 317,072,933 | 1.79% |
| Dynamo Administração de Recursos | 290,420,445 | 1.64% |
| Banco Nacional de Desenvolvimento Econômico e Social (BNDES) | 135,248,258 | 0.77% |
| Samambaia Master Fundo de Investimento em ações | 99,957,000 | 0.57% |
| Atmos Capital | 86,200,737 | 0.49% |
| Partners Alpha Investments | 85,408,451 | 0.48% |
| BlackRock | 58,366,500 | 0.33% |
| Total | 17,668,140,240 | 100% |
Figures sourced from 4Q22 financial statements for Petrobras, Cosan, Eneva, and Vibra. Ownership structure based on IRL figures with modification.