Raízen, a joint venture between Cosan and Shell, announced its evaluation of a potential injection of R$ 4 billion, with R$ 3.5 billion expected from Shell and R$ 500 million from Aguassanta Investimentos, a fund linked to Rubens Ometto. This move comes as the company faces a significant increase in debt, reporting a net liability of R$ 55.3 billion as of December, marking a 43.3% rise compared to the previous year.

The statement made on Wednesday (4) indicates that alongside seeking this investment, Raízen might request extrajudicial recovery to renegotiate its debts with creditors. The need for restructuring arises from the company's mounting financial pressures, as highlighted by Cristiano Pinto da Costa, president of Shell Brasil, who expressed hope for proportional contributions from Cosan as a stakeholder in the venture.

The anticipated R$ 4 billion is aimed at addressing the company's financial obligations and ensuring long-term stability. As the negotiations with creditors unfold, the focus will center on finding a consensual solution to Raízen's leverage issues, which are being accentuated by current market conditions and the growing competitive landscape in the energy sector.