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Vital Renewable Energy Company (VREC)
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Short description

Developer of and investor in agricultural and infrastructure assets for the production of sugar cane-based ethanol in Brazil

Founded in 2008
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector biomass & waste-to-energy

TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Brazil Sao Paulo, Brazil
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Date Company
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Date Partner Type
11/01/2008
Grupo Farias Grupo Farias
Grupo Farias, a traditional sugarcane and ethanol producer with over 10.5 million tons of installed crushing capacity, was a partner in the construction of VREC's first production unit, located in the Brazilian state of Sao Paulo
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Confirmed by Grupo Farias
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IPO INFORMATION

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Date Investors Type Amount
11/10/2008 Leaf Clean Energy Company Leaf Clean Energy Company , Paladin Capital Group Paladin Capital Group , PCG Asset Management PCG Asset Management , Petercam Petercam , Vision Brazil Investments Vision Brazil Investments (5)
Post-money valuation of
Buyout / Late-Stage Private Equity $1,000,000,000
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