Global Sustainability Brazil Biofuels Expert Meeting - Gás Verde/ Grupo Urca

Research evidence excerpt

Global Sustainability Brazil Biofuels Expert Meeting - Gás Verde/ Grupo Urca

Global Research

30 June 2026ab

Global Sustainability Equities

Latin AmericaBrazil Biofuels Expert Meeting - Gás Verde/

Grupo Urca Global Sustainability

Luciana Carvalho

Product Manager

luciana.carvalho@ubs.com

Gás Verde: scaling biomethane with landfill leadership +55-11-2767 6524

We hosted a discussion with Gás Verde covering its operational footprint, demand Shneur Z. Gershuni, CFA

dynamics, regulatory outlook, and key execution risks. The speaker emphasized Analyst

Seropédica as a highly resilient, large-scale biomethane platform with meaningful shneur.gershuni@ubs.com

growth optionality, supported by stable landfill feedstock and continuous efficiency +1-212-713 3974

gains. Key highlights from the discussion included (i) a clear path to capacity Giuliano Ajeje

expansion toward ~280,000 m³/day, (ii) a strong pipeline of contracted and near- Analyst

contracted projects, (iii) robust demand anchored by multinational corporates giuliano.ajeje@ubs.com

pursuing decarbonization, (iv) significant long-term upside from Brazil’s Fuel of the +55-11-2767 6371

Future law, and (v) execution and regulatory implementation as the main risks. This Alberto Valerio

report is part of UBS’ ongoing series on biofuels and builds on our note: Brazilian Analyst

Biofuel: Policy-Driven Demand with Improving Visibility. alberto.valerio@ubs.com

+55-11-2767 6918

Industrial-scale platform anchored by a resilient flagship asset Victoria Kalb

According to the speaker, Gás Verde has established itself as a leading renewable Analyst

gas producer in Brazil since starting operations in 2019 in Seropédica (RJ), focused vicki.kalb@ubs.com

on biomethane derived from landfill gas. The complex in Rio de Janeiro was +65-6495 4584