Home UAE Abu Dhabi Mubadala-backed Atvos to build $69m biomethane plant in Brazil The biomethane plant is expected to have a 28-million cubic meter capacity per crop and will be Atvos’ first one based on sugar cane wastes by Reuters April 11, 2024 Brazilian ethanol producer Atvos has signed an agreement to build a biomethane factory in the state of Mato Grosso do Sul, with investments seen at more than 350 million reals ($69.4m), it said in a statement on Wednesday. The biomethane plant is expected to have a 28-million cubic meter capacity per crop and will be Atvos’ first one based on sugar cane wastes. It will be located in Nova Alvorada do Sul, where Atvos – which is backed by Abu Dhabi’s Mubadala Capital – already owns an ethanol factory. The plant will represent Atvos’ “entry into the renewable natural gas market, with the difference of producing it on a large scale to meet a demand that continues to grow”, CEO Bruno Serapiao said in a press statement. The project will undergo an engineering analysis before it gets final approval, with construction expected to begin this year, Atvos said.