Trading markets with intelligence.

Tria trades commodities and manages a diversified portfolio of products and services. We operate in the energy, sugar and structured credit markets, combining in-depth knowledge of every link in the value chain with fast decision-making and disciplined risk management.

Global reach

From South America to the world. Our offices in São Paulo, Bogotá and Montevideo originate and structure transactions that reach Europe, Africa, the Middle East, Asia and North America.

Tria – mapa (preview)

About Tria

Built to trade markets that rarely speak to each other.

Tria is a Brazilian company established to operate across Latin America through an integrated approach to commodities and credit. It was founded by executives with extensive experience in the power and commodities sectors, in a strategic partnership with Patria Investments.

Leading alternative investment manager in Latin America, with global presence.

US$ 0 bi+

under management

0

cities

0

continents

Divisions

Three specialized desks, a single standard of rigor.

01

Power

Full-scope activity in the power market, spanning wholesale operations, proprietary trading, contract structuring and strategic solutions for generators and consumers. Market intelligence applied to managing risk, pricing and predictability.

02

Sugar

International sugar trading with direct origination at Brazilian mills, commercial structuring, logistics and delivery to the final destination — in containers and break bulk, with risk control and strict contract performance.

03

Structured Credit

Advance-funding solutions backed by physical power and sugar flows, focused on liquidity generation, efficient capital allocation and risk mitigation across the entire value chain.

Explore our products: Power

Power

We operate in the Brazilian and Colombian electricity markets, offering wholesale transactions, proprietary trading, contract structuring and strategic solutions for generators and consumers. We apply market intelligence to optimize risk management, pricing and predictability.

Structuring of power purchase and sale agreements that make projects viable and secure cost predictability across the full contractual horizon.

Swaps between price indices, submarkets or generation sources to adjust the risk profile of energy consumers’ and generators’ portfolios.

Strategic and operational support for market participants, focusing on commercial performance, regulatory compliance and data-driven decision-making.

Proprietary positions built on fundamental analysis, hydrology, load and price scenarios, always within defined risk limits.

Explore our products: Sugar

Sugar

International sugar trading with direct origination at Brazilian mills, commercial structuring, logistics and delivery to final destination — in containers and break bulk, with risk control and strict contract performance.

High-purity white sugar, widely used for direct consumption and in the food and beverage industry.
ICUMSA max. 150
25 kg or 50 kg bags, or big bags

Maximum purity and whiteness for direct consumption and industrial applications with strict quality requirements.
ICUMSA max. 45
25 kg or 50 kg bags, or big bags

High-polarization raw sugar, Brazil’s main sugar export product and a raw material for refineries.
ICUMSA 600–1,200
In bulk

Comprehensive port-to-port logistics, including documentation control, inspection and shipment management.

Hedging structures that lock in prices for buyers and sellers.

Explore our products: Structured Credit

Structured Credit

Advance-funding solutions integrated with the physical backing of power and sugar, focused on liquidity generation, efficient capital allocation and risk mitigation along the entire chain.

Funds released against real power and sugar contracts and commercial flows, aligning financing, execution and delivery.

Working capital for producers and originators, tied to contracted volumes and the shipment schedule.

Every transaction is designed to measure, with collateral, covenants and triggers defined case by case.

Continuous monitoring of exposure, counterparty and physical performance, with financial predictability for all sides.

Let's structure your next transaction.

Power, sugar and structured credit in a single conversation. Our team answers directly.

Let's structure your next transaction.

Power, sugar and structured credit in a single conversation. Our team answers directly.