Minerva Foods, South America’s major beef exporter, has acquired 98% of Irapuru II Energia S.A. for BRL 21.84 million (~$ 3.92 million). The 48.118 MW solar project will be developed in Janaúba, Minas Gerais. It is expected to supply power to nine of Minerva’s industrial units in Brazil. The acquisition was carried out via a special purpose entity from Elera Energia S.A. It reflects a shift from purchasing renewable energy on the Free Market to generating its own. Minerva released its 14th Sustainability Report in January, aligned with GRI, SASB, and TCFD frameworks. The company repurchased USD 309.1 million in bonds in 2025. This improved its debt profile and freed capital for long-term use. The solar investment supports its growing energy demand and could reduce operational costs and improve ESG ratings.