VLI raised BRL 1 billion through debentures to invest in the Centro-Atlântica Railway (FCA), as part of its early concession renewal process with the Ministry of Transport. The funds will modernize tracks, build rail yards, and improve rolling stock. FCA has transferred BRL 17.5 billion to public coffers since its privatization in 1996. The renewal proposal, under public review, could unlock new investments, including urban projects and freight expansion. The total plan is estimated at BRL 3.9 billion, with further fundraising expected after 2026. CEO Fábio Marchiori emphasized FCA’s deficit, highlighting VLI’s broader logistics ecosystem as key to sustaining investments and generating jobs.
Source: VLI / Datamar News
VLI SECURES BRL 1 BILLION TO INVEST IN THE CENTRO-ATLÂNTICA RAILWAY
Published On - 30 de January de 2025