Vale (VALE) secures US$ 1 billion in Aliança Energia joint venture
Rhea-AI Filing Summary
Vale S.A. reports that it has completed the establishment of its joint venture in Aliança Geração de Energia S.A. with Global Infrastructure Partners after all required regulatory consents and approvals were obtained. Through this transaction, Vale received approximately US$ 1 billion in cash and now holds a 30% stake in the joint venture, while Global Infrastructure Partners holds the remaining 70%.
Aliança Energia will fully consolidate the Sol do Cerrado solar complex and the Risoleta Neves Hydroelectric plant in Minas Gerais, along with six additional hydropower plants in the state and three wind farms in Rio Grande do Norte and Ceará. Vale states that this transaction secures strategic energy volume at competitive costs, with prices set in U.S. dollars without inflation adjustment, and supports maintaining its 100% renewable energy matrix in Brazil.
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Insights
Vale monetizes power assets for cash while locking in long-term renewable supply.
Vale has completed its joint venture in Aliança Energia with Global Infrastructure Partners, receiving approximately
Aliança Energia will consolidate the Sol do Cerrado solar complex, the Risoleta Neves Hydroelectric plant, six other hydropower plants in Minas Gerais, and three wind farms in Rio Grande do Norte and Ceará. The assets are all renewable, and the company highlights that the transaction helps maintain a 100% renewable energy matrix in Brazil, indicating continued alignment between its power sourcing and decarbonization objectives.
Vale emphasizes that the deal secures strategic energy volume at competitive costs, with power prices set in U.S. dollars and without inflation adjustment. This could influence the company’s cost base and currency exposure over time, making the economic effect dependent on future movements in exchange rates, local inflation, and energy demand, as reflected in subsequent financial disclosures.
United States
Securities and Exchange Commission
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the
Securities Exchange Act of 1934
For the month of
September 2025
Vale S.A.
Praia de Botafogo nº 186, 18º andar,
Botafogo
22250-145 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
(Check One) Form 20-F x Form 40-F ¨
Vale completes establishment of joint venture in Aliança Energia Rio de Janeiro, September 18th, 2025 - Following the Press Release disclosed to the market on March 31, 20251, Vale S.A. (“Vale” or the “Company”) informs the completion of the joint venture with Global Infrastructure Partners (“GIP”) in Aliança Geração de Energia S.A. (“Aliança Energia”), after all precedent conditions were met, including the consent and/or approval of regulatory authorities. Through the transaction, Vale received approximately US$ 1 billion2 in cash and now holds a 30% stake in the joint venture, while GIP now holds the remaining 70%. Aliança Energia will now fully consolidate the Sol do Cerrado solar complex and the Risoleta Neves Hydroelectric, both located in Minas Gerais, as well as six other hydropower plants in the state and three wind farms in Rio Grande do Norte and Ceará. This transaction guarantees Vale strategic energy volume at competitive costs, with prices set in US dollars without inflation adjustment, and it also supports maintaining the Company's energy matrix, which is 100% based on renewable sources in Brazil. Marcelo Feriozzi Bacci Executive Vice President, Finance and Investor Relations For further information, please contact: Vale.RI@vale.com Thiago Lofiego: thiago.lofiego@vale.com Mariana Rocha: mariana.rocha@vale.com Luciana Oliveti: luciana.oliveti@vale.com Pedro Terra: Pedro.terra@vale.com Patrícia Tinoco: patricia.tinoco@vale.com This press release may include statements that present Vale’s expectations about future events or results. All statements, when based upon expectations about the future, involve various risks and uncertainties. Vale cannot guarantee that such statements will prove correct. These risks and uncertainties include factors related to the following: (a) the countries where we operate, especially Brazil and Canada; (b) the global economy; (c) the capital markets; (d) the mining and metals prices and their dependence on global industrial production, which is cyclical by nature; and (e) global competition in the markets in which Vale operates. To obtain further information on factors that may lead to results different from those forecast by Vale, please consult the reports Vale files with the U.S. Securities and Exchange Commission (SEC), the Brazilian Comissão de Valores Mobiliários (CVM) and in particular the factors discussed under “Forward-Looking Statements” and “Risk Factors” in Vale’s annual report on Form 20-F. 1 With the title “Vale establishes joint venture in Aliança Energia”, available here. 2 Estimated value, with immaterial variation. Press Release
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Vale S.A. (Registrant) | ||
| By: | /s/ Thiago Lofiego | |
| Date: September 18, 2025 | Director of Investor Relations | |
FAQ
What joint venture did Vale (VALE) complete in Aliança Energia?
Vale completed a joint venture in Aliança Geração de Energia S.A. with Global Infrastructure Partners after all precedent conditions were met, including regulatory consents and approvals.
How much cash did Vale (VALE) receive from the Aliança Energia transaction?
Vale reports that it received approximately US$ 1 billion in cash through the completion of the Aliança Energia joint venture.
What ownership stake does Vale (VALE) hold in the Aliança Energia joint venture?
After the transaction, Vale holds a 30% stake in the Aliança Energia joint venture, while Global Infrastructure Partners holds the remaining 70%.
Which energy assets are included in the Aliança Energia platform with Vale and GIP?
Aliança Energia will fully consolidate the Sol do Cerrado solar complex, the Risoleta Neves Hydroelectric plant, six additional hydropower plants in Minas Gerais, and three wind farms in Rio Grande do Norte and Ceará.
How does the Aliança Energia joint venture affect Vale’s energy strategy in Brazil?
Vale states that the transaction guarantees strategic energy volume at competitive costs, with prices set in U.S. dollars without inflation adjustment, and supports maintaining its 100% renewable energy matrix in Brazil.
Who is the partner with Vale (VALE) in the Aliança Energia joint venture?
The joint venture partner is Global Infrastructure Partners (GIP), which now holds a 70% stake in Aliança Energia.
