When ex-billionaire Eike Batista’s empire collapsed, EIG Global Energy Partners LLC took over his most-prized project: a Brazilian port startup as ambitious and sophisticated as it was risky and capital-starved.
Two years later, the 1.8 billion-real ($520 million) investment now has the cachet of a once-in-a-lifetime deal, akin to the U.S.’s Louisiana Purchase in the early 19th century, said Kevin Lowder, a vice president at EIG, a Washington-based investment company. The Port of Acu, which sits on a plot of land bigger than Manhattan, has signed contracts with companies including BG Group Plc and Votorantim Metais SA this year. Anglo American Plc started operating its terminal there in October.

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