Shell to Invest 3.5 Billion Reais in Raízen, Brazil CEO Says

A Raízen ethanol processing facility in Piracicaba, Sao Paulo state, Brazil.
Photographer: Victor Moriyama/Bloomberg

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By Mariana Durao, Rachel Gamarski, and Giovanna Bellotti Azevedo

March 3, 2026 at 1:32 PM UTC

Updated on

March 3, 2026 at 2:37 PM UTC

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Shell Plc is committed to inject 3.5 billion reais ($666 million) in Brazilian ethanol producer Raízen SA, a joint venture it has in partnership with Cosan SA.