Brazil Emerges as a Prime Destination for Infrastructure Investment in 2026

José Manuel Entrecanales, the global president of the Spanish multinational Acciona, has highlighted Brazil as a priority destination for business amidst global uncertainties. Speaking at the Sustainable Infrastructure Forum organized by Editora Globo in partnership with Valor, Entrecanales noted that despite worldwide unpredictability, Brazil's energy matrix and regulatory environment offer significant investment opportunities.

Acciona is heavily involved in Brazil's infrastructure development, particularly through its work on São Paulo's Metro Line 6-Laranja, Latin America's largest urban mobility project, with investments exceeding R$19 billion. The project is designed with sustainability embedded from its inception and is financially structured under a consortium led by BNDES, Brazil's national development bank.

In 2025, Brazil attracted US$77 billion in investments, ranking third globally after the United States and China, according to Entrecanales. He emphasized the critical role of Brazil's Concessions Law in fostering infrastructure investment, stating, "In Brazil, infrastructure is a state policy, not a government policy." He also expressed confidence in improvements to interest rates in the coming years, despite currently high levels.

Acciona's expanded activities in Brazil also include public-private partnerships in sanitation across states like Paraná, Espírito Santo, Pernambuco, and Paraíba. Entrecanales underscored Brazil's rare conditions for attracting capital in a competitive global market, positioning the country as a leading choice for infrastructure development in 2026.