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Home » News » Bioenergy » Bunge Completes Sale of Biofuel Stake to bp for $1.4 Billion
Bioenergy

Bunge Completes Sale of Biofuel Stake to bp for $1.4 Billion

By Thomas KnightOctober 8, 20242 Mins Read
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Credit: Weixi Zeng
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Bunge Global SA has finalized the sale of its 50% stake in BP Bunge Bioenergia to bp, granting the latter full ownership of one of Brazil's leading biofuel producers. The acquisition, first announced in January, comes at an enterprise value of approximately $1.4 billion. With this acquisition, bp has integrated its sugarcane and ethanol business,

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Biofuels BP BP Bunge Bioenergia Brazil Ethanol Vale
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