Corporate Update – Bunge Global SA Completes Transaction with Torrens Energy (SA) Pty Ltd

On 24 December 2025, Bunge Global SA announced that it had finalized a planned transaction with Torrens Energy (SA) Pty Ltd. The deal transferred all geothermal energy licences and associated applications to Northstar Energy Limited. The change in control was subsequently approved by the relevant authorities in South Australia, confirming compliance with regulatory requirements.

Transaction Context

Bunge Global’s strategy has long emphasised diversification beyond its core agricultural and food‑product portfolio. The acquisition of geothermal licences is part of a broader effort to integrate renewable‑energy assets that can underpin the company’s sustainability commitments and enhance the resilience of its supply chain. While the financial terms were not disclosed, the transaction is consistent with Bunge Global’s long‑term growth objectives, positioning the firm to capture value in emerging energy markets without compromising its primary focus on plant‑based oils, fats, and proteins.

Strategic Rationale

  • Portfolio Diversification: By adding geothermal assets, Bunge Global mitigates concentration risk in the agri‑food sector and accesses a low‑carbon energy stream that can be leveraged for in‑plant operations and potential commercial sales.
  • Supply‑Chain Synergies: Renewable energy can reduce operating costs and environmental footprints across Bunge Global’s manufacturing network, aligning with global trends toward decarbonisation and responsible sourcing.
  • Emerging Market Positioning: Geothermal energy is gaining regulatory and market traction in Australia, particularly in regions with high energy demand and supportive policy frameworks. The transaction positions Bunge Global to participate in this expanding sector.

Market and Regulatory Implications

South Australia’s regulatory environment has increasingly favoured renewable‑energy projects, with incentives for geothermal development. The approval of the licence transfer underscores the region’s openness to cross‑industry collaboration and the importance of aligning with local policy objectives. For Bunge Global, the deal signals a willingness to engage in sectors that complement its core competencies while addressing macro‑economic drivers such as energy security and climate change mitigation.

Conclusion

Bunge Global’s completion of the Torrens Energy transaction reflects a calculated approach to asset integration, reinforcing the firm’s dual commitment to agricultural excellence and sustainable energy innovation. The move is expected to strengthen Bunge Global’s competitive positioning, broaden its revenue base, and contribute to long‑term growth in an economy increasingly oriented toward low‑carbon solutions.