Company debt reached R$58.2 billion, an increase of 69.9% in the period; energy company undergoes judicial recovery
A closed the 4th quarter of the 2025/2026 harvest with a net loss of R$7.3 billion. The energy company goes through a process of extrajudicial recovery and a restructuring plan. The result was announced on Monday (June 29, 2026).
In the same period of the previous harvest, the loss was R$2.5 billion.
The value of the company’s debt also increased during the period. There was an increase of 69.9% and reached R$58.2 billion at the end of the 4th quarter.
According to the company, there was a reduction of around R$1 billion in costs and expenses during the harvest, in addition to a cut of R$3.3 billion in investments.
The financial pressure worsened from the 2024/2025 harvest, when droughts, fires and excessive rain reduced crushing, productivity and quality of sugarcane.
The judicial recovery is progressing with the support of creditors, with more than 80% adhesion. The restructuring plan involves a capital increase of R$3.5 billion by conversion of part of the credits into shares, in addition to refinancing the remaining balance.
