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Brazil has 98% of its energy based on Hydroelectric Plants. Besides that it has a huge potential in Wind in the Northeast coast, Sun all over the country, and lots of research in Biomass, and energy being generated from Sugar Cane and other materials.
We have been analyzing and working in the Energy Sector for the last 5 years in Distributors, Generators, and now helping Electrocell which is a fuel cell start up incubated at the main Brazilian University (USP). Electrocell is formed by 4 scientists with deep technological knowledge. We have been helping them to develop their business plan, look for investors, build alignment around a common strategy and design their organizational structure. We have also been in contact with a very well structured ESCO that is facing difficulties due to the lack of private financing structures in Brazil.
As former VCs, we can talk about all the opportunities in the sector and difficulties faced by both investors and entrepreneurs. The lack of management support for new companies, the early stage of the VC business in Brazil, the impact of high WACC for Brazilian business, and how it affects fund raising operations for start-ups are some of the themes to be put in perspective by us.
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