Mercuria Energy Group announced that it has signed a binding agreement to acquire 100% of Raízen’s downstream and related operations in Argentina, including refining, fuel distribution, and associated infrastructure assets. The transaction remains subject to customary closing conditions and regulatory approvals.
The acquisition underscores Mercuria’s long-term commitment to investing across global energy markets and strengthens its presence in Latin America. The company believes Argentina is a strategically important energy market with strong long-term fundamentals and significant opportunities for growth and investment.
Mercuria said it plans to leverage its global expertise and regional experience to support the continued development of the Argentina business. The company also emphasized that maintaining operational continuity and reliability throughout the transition process will be a key priority.
Further details regarding the closing timeline and integration plans are expected to be communicated at a later date.
Mercuria is one of the world’s largest independent energy and commodities groups. Headquartered in Geneva, Switzerland, the company operates across the global energy value chain, including crude oil and refined products, natural gas and LNG, power, renewable energy, metals, and carbon markets. Mercuria is known for its focus on risk management, compliance, operational excellence, and investments that support both energy security and the energy transition.
KEY QUOTE:
“Mercuria has the financial strength, operational capability, and long-term perspective to support and grow this business. We are committed to ensuring continuity for employees, customers, suppliers, and partners, while investing responsibly in the future development of the platform.”
Brian Falik, Global Chief Investment Officer, Mercuria
