Micropower Comerc: Comerc assume 100% da Micropower com saída da Equinor
What's the deal? Comerc EnergiaDealroom has a profile for this one. Try Dealroom →, a subsidiary of VibraDealroom has a profile for this one. Try Dealroom →, has taken full control of MicropowerDealroom has a profile for this one. Try Dealroom →, a company specialising in battery energy storage for industrial and commercial clients. The transaction, signed on July 17, saw the exit of Equinor Energy VenturesDealroom has a profile for this one. Try Dealroom → — the venture arm of the Norwegian oil company — and Micropower EnergyDealroom has a profile for this one. Try Dealroom →, owned by founder Marco Krapels. The acquisition value was not disclosed.
What does Micropower do? The company offers battery energy storage as a service, or bSaaS: it installs and operates batteries at a client's site with no upfront investment, charging for usage over the contract. Batteries charge when energy is cheapest and discharge at price peaks, cutting bills and backing up supply. Micropower also develops hybrid microgrids that combine solar generation and storage.
Why now? The consolidation comes as Comerc contends with slowing renewables investment in Brazil, pressured by curtailment affecting wind and solar plants. By taking full ownership, Comerc gains control of one of the businesses in which it invested most to differentiate itself from traditional free-market competitors — just as the sector faces its tightest moment in years.
The backstory: Micropower launched in Brazil in 2018 as a joint venture between Comerc and Krapels's Micropower Energy. Krapels is a former vice-president at Tesla EnergyDealroom has a profile for this one. Try Dealroom →. EquinorDealroom has a profile for this one. Try Dealroom → joined in 2020 with a 9.09% stake in what was then Micropower ComercDealroom has a profile for this one. Try Dealroom →, marking its second renewable energy bet in the country after the Apodi solar park partnership with Scatec SolarDealroom has a profile for this one. Try Dealroom → in 2018.
By the numbers: Comerc says it operates the largest fleet of monitored batteries in the country and generated R$6.08 billion in savings for clients in 2025 across its efficiency solutions. The group reported R$6.7 billion in gross revenue that year. There is no public data on the specific size of the battery business within that total.
What's next? The deal still requires approval from the Conselho Administrativo de Defesa Econômica (Cade), Brazil's antitrust authority.
The signal: As Brazil's renewables boom cools under curtailment pressure, storage is emerging as the next frontier — and Comerc is buying out its partners to own it outright.
Read more: InvestNews
Image credit: John Englart (Takver)
