Velcan Holdings is a Luxembourg-based investment holding company founded in 2005, operating as an independent power producer (Velcan Energy) in several emerging countries. Until July 2021 Velcan Holdings had been developing and running power projects (hydropower and biomass) in several emerging countries. Except for one still fully owned hydro power plant in Brazil (the Rodeio Bonito 15MW hydropower plant commissioned in 2009) all other power assets and projects have been divested or suspended.