Core Points - Adecoagro S.A. announced the pricing of its underwritten offering, selling 41,379,311 common shares at $7.25 per share, resulting in gross proceeds of approximately $300 million [1] - The offering is expected to close on December 15, 2025, subject to customary closing conditions [1] - Tether Investments S.A. de C.V., the controlling shareholder, will purchase 30,344,827 common shares, while management and other investors will buy an aggregate of 3,627,585 common shares at the public offering price [2] Company Overview - Adecoagro is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and several industrial facilities in Argentina, Brazil, and Uruguay [4] - The company produces over 3.1 million tons of agricultural products and over 1 million MWh of renewable electricity [4]

LUXEMBOURG, December 9, 2025 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO) ("Adecoagro" or the "Company") today announced that it has commenced a public offering of $300,000,000 of its common shares, subject to market and other conditions. J.P. Morgan and BofA Securities will act as global coordinators and joint book-running managers. BTG Pactual, Citigroup and Itaú BBA will act as joint book-running managers. The Company has granted the underwriters the right to purchase up to an additional $11,100,000 of it ...

Core Viewpoint - Adecoagro S.A. has filed a shelf registration statement with the SEC to potentially offer and sell up to $500 million of its common shares and related securities, subject to market conditions and the company's capital needs [2][3]. Company Overview - Adecoagro is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and several industrial facilities across Argentina, Brazil, and Uruguay. The company produces over 3.1 million tons of agricultural products and more than 1 million MWh of renewable electricity [5]. Shelf Registration Details - The shelf registration allows the company to offer and sell securities on a registered basis, with the specific price and terms to be determined at the time of any offering [2]. - The registration has been filed but is not yet effective, meaning no securities can be sold or offers accepted until it becomes effective [3]. Financial Performance - In the third quarter of 2025, Adecoagro reported an adjusted EBITDA of $115.1 million, achieving an all-time crushing record and a shift towards ethanol maximization despite a challenging global price scenario [11].

Core Points - STMicroelectronics and TSE have signed a 15-year Power Purchase Agreement (PPA) to supply renewable electricity from solar parks to STMicroelectronics' sites in France starting in 2027 [1][2][3] - The contract involves the supply of approximately 780 GWh of renewable electricity generated from three solar parks with a total capacity of 43 MW [3][4] - This agreement is part of STMicroelectronics' strategy to achieve carbon neutrality in its operations by 2027, including sourcing 100% renewable electricity [4][5] Company Overview - STMicroelectronics is a global semiconductor leader with a workforce of 50,000, focusing on sustainable technology solutions and aiming for carbon neutrality in all direct and indirect emissions by 2027 [5] - TSE, founded in 2016, is an independent French solar developer and producer, fully integrated across the value chain, and has a significant operating portfolio supplying electricity equivalent to the consumption of approximately 241,000 people [7] - TSE has raised €160 million in equity in 2023 and €230 million in 2024 to accelerate growth and industrialization, positioning itself as a key player in the renewable energy sector in France [7]

Financial Performance Overview - Total net sales for Q1 2025 were $1,380.6 million, a decrease of 2.8% compared to $1,420.3 million in Q1 2024[5] - The company reported a net loss of $(26.2) million in Q1 2025, a significant decrease compared to a net income of $81.2 million in Q1 2024[4, 5] - EPS Diluted was $(0.16) in Q1 2025, compared to $0.50 in Q1 2024, representing a decrease of 132.0%[4, 5] - Combined Adjusted EBITDA was $195.8 million in Q1 2025, a decrease of 30.1% compared to $280.1 million in Q1 2024[4, 5] Segment Performance - Feed Ingredients Segment reported income of $23.6 million and Adjusted EBITDA of $110.6 million in Q1 2025[4] - Food Ingredients Segment reported income of $41.4 million and Adjusted EBITDA of $70.9 million in Q1 2025[4] - Fuel Ingredients Segment reported a loss of $(20.9) million and Adjusted EBITDA of $24.2 million in Q1 2025[4] Diamond Green Diesel (DGD) - Darling Ingredients received $129.5 million in dividends from Diamond Green Diesel (DGD)[4] - DGD Adjusted EBITDA (Darling's Share) was $6.0 million in Q1 2025, significantly lower than $115.1 million in Q1 2024[18, 22] - Total gallons produced by DGD were 216.1 million in Q1 2025, compared to 335.4 million in Q1 2024[22] - EBITDA per gallon sold/shipped by DGD was $0.06 in Q1 2025, compared to $0.69 in Q1 2024[22] Balance Sheet - Total debt was $3,921 million as of March 29, 2025, compared to $4,042 million as of December 28, 2024[6]