São Paulo-based eB Capital manages $1 billion across more than five funds and is in the market with its second energy transition and decarbonization fund.
Guilherme Quintal joined eB Capital last year from The Public Investment Fund, Saudi Arabia’s sovereign wealth fund. His mandate: Showcase transition opportunities in Brazil to international investors, and specifically to Middle Eastern investors with a growing appetite for green assets.
For the last century, Brazil was an agricultural powerhouse. “We believe there is a new economy coming now, around green energy and energy transition,” Quintal told ImpactAlpha in a video interview on the sidelines of Foro Latinoamericano de Inversión de Impacto, or FLII.
In 2023, eB Capital invested roughly $50 million in Bioo, which turns animal protein waste into biomethane, a substitute for natural gas.
“The world is changing. The energy transition market is here to stay,” says Quintal. “Brazil is a country where you can create scale.”
