Mercuria moves closer to buying Raizen assets in Argentina for over one billion dollars
Mercuria is nearing a $1 billion deal for Raizen's Argentine assets. The move comes as the Brazilian producer faces mounting debt and credit downgrades.
洞察:
Mercuria Energy Group is advancing in its bid to acquire a refinery and hundreds of gas stations in Argentina
AR from Raizen, with reports on February 10, 2026, indicating that the transaction is likely to surpass $1 billion. The deal, which remains under discussion and could close soon, represents a significant shift in the regional energy sector. The potential sale involves major infrastructure assets at a time when Raizen is facing acute financial stress, characterized by heavy quarterly losses and high levels of debt.
The timing of the bid is particularly notable given the immediate fiscal challenges at Raizen, a prominent energy firm based in Brazil
BR. Earlier this week, the company was hit by two credit-rating downgrades from Fitch and S&P Global Ratings. These downgrades followed a period of financial instability that included a bond selloff and the accumulation of substantial liabilities. Raizen is a joint venture between Cosan S.A. and Shell plc , and the divestment of its Argentine assets is seen as a move that could alter its current financial trajectory.










