Rio de Janeiro: Private-equity fund manager Grupo Ecos is building an investment pipeline for biomass projects in Latin America. Panama-based Ecos has decided to move into the sector after conducting a study last year on wood biomass in the region..

The group "came to the conclusion that the segment is attractive to us, so as from 2011 we have started to generate investment-deal flow proactively," says Andreas Eggenberg, chief executive of the company, which is funded by a Swiss family.

Brazil,