Skyline: Brazilian Transmission Platform Expands to 1,404km with Strategic Acquisitions
Deal News | Dec 31, 2024 | Actis LLP
Actis LLP, a prominent global investor in sustainable infrastructure, has significantly expanded its Skyline Brazilian transmission platform with the acquisition of two new projects, increasing its operational transmission lines to 1,404 km. The platform, launched in February 2024, initially owned 857 km of transmission line assets. Now, Actis has acquired 90% of a 435 km transmission line from EDP in Santa Catarina and fully acquired two additional assets from Vinci Partners: a 112 km transmission line in Rio Grande do Sul and a substation in Minas Gerais. These assets come with long-term concessions, pivotal for supporting Brazil's heavily renewable-based energy grid. The expansion aligns with Brazil's enhanced climate goals, aiming for substantial reductions in greenhouse gas emissions by 2035.
Sectors
- Sustainable Infrastructure
- Energy Transmission
- Renewable Energy
Geography
- Brazil – This is the primary location where the transmission line assets are being acquired and expanded, crucial for Brazil's renewable energy distribution.
- Luxembourg – The article is dated from Luxembourg, indicating where Actis LLP, the investor, is presumably headquartered or holding announcement.
Industry
- Sustainable Infrastructure – The article discusses Actis LLP's investment in power transmission projects which are integral to infrastructure that supports renewable energy, highlighting the sustainable infrastructure sector.
- Energy Transmission – The focus on acquiring transmission line assets crucial for renewable energy distribution places this article within the energy transmission industry.
- Renewable Energy – The acquisitions support the transport of power from renewable sources, critical in a renewable-centric country like Brazil.
Financials
- Not disclosed – The financial terms of the acquisitions were not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Actis LLP | Acquirer | Company | A leading global investor specializing in sustainable infrastructure, responsible for the acquisition of Brazilian transmission assets. |
| Skyline | Target Company | Company | Actis' platform in Brazil which is being expanded by acquiring additional transmission lines and assets. |
| EDP | Seller | Company | A company selling 90% of its 435 km transmission line asset located in Santa Catarina, Brazil. |
| Vinci Partners | Seller | Company | The firm selling a 112 km transmission line and a substation and its equipment to Actis in Brazil. |