Lino, Beraldi, Belluzzo e Caminati and Barbosa, Müssnich e Aragão advised on the deal
BP Biofuels Brazil Investments and Copersucar S.A. estabilished a 50/50 JV to develop Paulinia ethanol Terminal.
BP started to produce biofuels in Brazil in 2008, when it became a shareholder of the Tropical BioEnergia plant located in Edéia, Goiás. It was the first international energy company to invest in Brazilian sugarcane ethanol. The company now has full ownership of three ethanol production plants, two in Goiás and one in Minas Gerais. In 2014, BP concluded the expansion of the Tropical plant, doubling its productive capacity and increasing the combined capacity of the three mills to 10 million tons per year. Over the last three years, over R$2 billion has been invested in improving the efficiency and productivity of these plants.
Copersucar S.A. manufactures, stores, imports, and exports sugar, ethanol, and by-products in Brazil and internationally. The company, led by Paulo Roberto de Souza, Genilson Melo, Soren Hoed Jensen and Alexandre Mattos Setten, is based in São Paulo.
Lino, Beraldi, Belluzzo e Caminati advised Copersucar S.A. with Roberto Belluzzo and Marina Burin.
Barbosa, Müssnich e Aragão advised BP Biofuels Brazil Investments with Monique Mavignier (Picture), José Inácio F. de Almeida Prado Filho, Luciana Magalhães Costa, Maria Fernanda Cury, Isabelle Cadier Baroni and Ana Carolina Cabana Zoricic.
Involved fees earner: Roberto Lourenço Belluzzo – Lino, Beraldi, Belluzzo e Caminati; Marina Burin – Lino, Beraldi, Belluzzo e Caminati; Monique Mavignier – Barbosa, Müssnich & Aragào; Luciana Magalhães Costa – Barbosa, Müssnich & Aragào; Maria Fernanda Cury – Barbosa, Müssnich & Aragào; Isabelle Cadier D’aquino E Baroni Santos – Barbosa, Müssnich & Aragào; José Inacio Ferraz de Almeida Prado Filho – Barbosa, Müssnich & Aragào; Ana Carolina Zoricic – Barbosa, Müssnich & Aragào;