Cosan S.A. has announced a significant strategic shift regarding its subsidiary, Raízen, stating it will not inject additional capital into the bioenergy company. This decision prioritizes Cosan's own deleveraging efforts.
Instead of direct capital infusion, Cosan is actively seeking a new strategic partner for Raízen, in conjunction with Shell. The objective is to address Raízen's capital needs through external investment.
This move highlights Raízen's ongoing capital requirements and Cosan's commitment to its own financial restructuring. The search for a new partner aims to secure the necessary funding for Raízen's future growth and operational stability.
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