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Welcome to our bi-weekly newsletter, where we share news about Votorantim and the companies in our portfolio, along with updates and insights about the market. Click on “Subscribe” to follow upcoming editions!

Performance After Acquisition

After acquiring AES’s assets in Brazil, Auren Energia has managed to improve the performance of the acquired plants and increase consolidated cash generation, despite the rise in leverage. The average performance of Auren’s assets before the acquisition was 97% availability of capacity, while AES’s performance was 79%. Auren’s goal is to reach 95% by the end of 2025, one year ahead of its initial projection. Fabio Zanfelice, CEO of Auren, discussed the topic in an interview with Valor Econômico. Read more here (in Portuguese).

Climate Vulnerability Index

The Climate Vulnerability Index of Municipalities (CVIM), a survey created through an initiative by Instituto Votorantim and CBA, is helping to measure social progress in Brazil. The data is part of the latest edition of the Social Progress Index (SPI), a tool composed of 57 social and environmental indicators sourced from public data. In addition to providing an overview of the country, the SPI has been used for planning, program evaluation, and the improvement of public policies. Learn more (in Portuguese).

Concession in Mato Grosso do Sul

Motiva was the winner of the competitive process to optimize the BR163/MS highway contract, conducted by ANTT and the Ministry of Transport. Stretching 845.4 km, BR-163/MS is one of the main logistics corridors for the flow of Brazil’s agricultural and livestock production. The
concession spans the entire state of Mato Grosso do Sul, benefiting 21 municipalities and around 1.5 million people. With 29 years remaining on the contract, the concession will require investments exceeding R$ 9.3 billion, with construction expected to begin in June.