UAE Plans $13.5 Billion Investment in Brazil Biofuels
by Irina Slav (OilPrice.com) The Abu Dhabi sovereign wealth fund’s investment arm, Mubadala Capital, plans to make a substantial investment in biofuels in Brazil, the Financial Times has reported, quoting the head of Mubadala’s Brazilian operations. The $13.5-billion investment in biofuels is part