BF Capital

Portfolio

Projects that sustain the country.

A selection of transactions advised by BF Capital in sanitation, transportation, energy, social infrastructure and private investment.

Sanitation

Aegea — Águas do Rio

Financial advisory to Aegea in one of the largest sanitation concessions ever implemented in Brazil, coordinating funding across BNDES, debentures, multilaterals and sector programs, for a BRL 60 billion investment plan spanning over 35 years.

Long-term financing structuringin structured financing

Transportation

Line 16 — Violet, São Paulo Metro

Financial advisory to Acciona in one of the largest urban mobility projects under planning in Brazil: 32 km, 25 stations and over 18 million passengers per month, under a 30-year PPP.

EOI, PMI and modeling supportin estimated investments

Sanitation

Pernambuco — Compesa

Economic-financial advisory to the consortium of Acciona and BRK Ambiental in the auction regarded as Brazil's largest sanitation project of 2025, including a BRL 3.9 billion bridge loan and a funding strategy spanning capital markets, BNDES, BNB, international banks and multilaterals.

Advisory to the consortium in the auction and funding structuringin long-term financing

Private Investment

Eldorado — Integrated Expansion

Advisory to Eldorado Brasil on its integrated pulp, forestry and logistics expansion: circa BRL 4 billion railway financing with BNDES and capital markets, BRL 2 billion forestry funding and the structuring of the new mill.

Financial structuring of the “3-in-1” expansion planin investment plan

Private Investment

Mining — River Logistics

Advisory in the acquisition of around 400 barges and 15 pushboats for iron ore transportation, funded by the Merchant Marine Fund, raising logistics efficiency through river infrastructure.

Financing structuring with BNDES/FMMin FMM financing

Transportation

Porto Alegre-Gramado Railway

Structuring, alongside STE and RG2, of Brazil's first large-scale tourist railway: 83 km connecting the Porto Alegre metropolitan region to Gramado, with the railway authorization granted in 2025 and estimated capex of BRL 4.5 billion.

Project and financing structuringin total financing

Tombstones

Transactions advised.

Every transaction BF Capital has advised on, from auction to financial close.

Aegea

2024
Aegea

Leilão

Assessor financeiro para o leilão da concessão dos serviços de saneamento de Palhoça – SC

Rodoviária DF

2024
Rodoviária DF

Leilão

Assessor financeiro para consórcio para o leilão da Rodoviária do Plano Piloto em Brasília

Grupo ENOB

2024
Grupo ENOB

Valuation

Reequilíbrio econômico financeiro na concessão de manejo de resíduos de Jacareí (SP)

Acciona

2024
Acciona

Leilão

Assessor financeiro para o leilão de rodovias do lote Litoral Paulista

REVEE

2024
REVEE

PMI

Assessor financeiro da PMI para concessão do Estádio Serra Dourada

Aegea

2023
Aegea

Leilão

Assessor financeiro para o leilão da concessão dos serviços de saneamento de Governador Valadare

Agropeu

2023
Agropeu

R$ 100 MM

Estruturação de financiamento de longo prazo com o BNDES

Wtorre

2023
Wtorre

PMI

Assessor financeiro da PMI vencedora da Arena Barueri

Wtorre

2023
Wtorre

PMI

Assessor financeiro da PMI vencedora do Complexo Arena da Fonte Luminosa – Araraquara

Eldorado

2023
Eldorado

Valuation

Laudo de Avaliação Econômico Financeira da Eldorado

Nexway / Comerc

2023
Nexway / Comerc

R$ 75 MM

Estruturação de financiamento de longo prazo com BNDES para eficência energética

Âmbar Energia

2023
Âmbar Energia

R$ 180 MM

Estruturação de financiamento de longo prazo – BTG para geração de energia solar

Let's talk

Your next project
deserves the right structure.

Telefone

+55 11 3737-8800

E-mail

contato@bfcapital.com.br

São Paulo

Avenida Brigadeiro Faria Lima, 3311, Cj 132, Itaim Bibi – São Paulo/SP
CEP 04538-133