SUBSIDIARY NAME
SOLID WASTE SYSTEM “ZERO SOCIAL WASTE BRASIL”
COUNTRY
BRAZIL
SECTOR/ INDUSTRY
REAL ESTATE
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
AUGUST 4, 2022
ACQUISITION VALUATION
331.1 MILLION
TOTAL ASSET VALUATION
3.311 BILLION
REAL ESTATE
SOLID WASTE SYSTEM “ZERO SOCIAL WASTE BRASIL” acquired on August 4, 2022 the objective with the implementation of the solid waste project in Brazil in the state of Sao Paulo, in obtaining the proposed investment, is the preservation of the environment, sustainable, bringing sodal benefits and generating income in the federative states; and generation of sustainable, clean and efficient alternative energy (electricity), reducing the growing demand in Brazil. As there are few companies that develop this type of work in Brazil, our project comes to meet the great demand of the market, which only tends to grow over the years.
As a goal, we are proposing the installation of solid waste plants, where wo will sort waste and commercialize raw materials, incinerate waste from health services, generate electricity from CDR – fuel derived from waste and waste processing electronic.