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Brazil power firm Brasol, backed by Siemens and BlackRock, to double investments this year
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Brazil power firm Brasol, backed by Siemens and BlackRock, to double investments this year
Jun 4, 2025 12:06 PM

SAO PAULO, June 4 (Reuters) - Brazilian energy firm

Brasol, which has Siemens and BlackRock ( BLK ) as

its main shareholders, expects to more than double investments

this year as it aims to expand core businesses and diversify its

portfolio, its chief executive said.

Brasol, which operates small-sized solar power assets,

expects to invest up to 2 billion reais ($354.6 million) this

year, CEO Ty Eldridge told Reuters in an interview on Tuesday,

up from about 900 million reais in 2024.

($1 = 5.6405 reais)

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