Skyline Expands to 1,404km with Strategic Acquisition in Brazil
Deal News | Jun 03, 2025 | Actis LLP
Actis, an eminent growth markets investor in sustainable infrastructure, has recently augmented its Long Life Infrastructure Fund 2 (ALLIF2) Brazilian electricity transmission platform, Skyline, through acquiring two sets of assets, valued at US$524 million. This acquisition comprises a 435km transmission line in Santa Catarina and two assets acquired from Vinci Partners - a 112km transmission line in Rio Grande do Sul and a substation in Minas Gerais. With these acquisitions, Skyline has expanded from two to five assets, increasing the platform's operational transmission line's total length from 857km to 1,404km. This expansion closely follows the successful fundraising by Actis for ALLIF2, which has garnered US$1.7 billion, achieving approximately 50% deployment of the fund.
Sectors
- Infrastructure Investment
- Electric Power Transmission
- Private Equity
Geography
- Brazil – The acquired assets and subsequent expansion of the infrastructure platform take place in various states of Brazil, making this geography relevant.
- Luxembourg – The announcement was made in Luxembourg, indicating its relevance as a geographical point related to Actis' operations or communications.
Industry
- Infrastructure Investment – This classification is relevant due to Actis' investment activities in infrastructure, particularly in the energy transmission sector in Brazil.
- Electric Power Transmission – The article discusses the acquisition of transmission lines and related assets, making this industry classification pertinent.
- Private Equity – Actis is highlighted as a private equity firm investing through its infrastructure fund, providing relevance to this industry classification.
Financials
- US$524 million – The total enterprise value of the assets acquired to expand Skyline.
- US$1.7 billion – The total fundraising amount for Actis' Long Life Infrastructure Fund 2.
- 50% – The reported percentage of the Actis Long Life Infrastructure Fund 2 that has been deployed following these acquisitions.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Actis LLP | Private Equity Firm | Company | A leading growth markets investor specializing in sustainable infrastructure investments. |
| Skyline | Target Company | Company | Actis' Brazilian electricity transmission platform experiencing significant expansion. |
| EDP | Vendor | Company | The company from which a 435km transmission line was acquired in Santa Catarina. |
| Vinci Partners | Vendor | Company | The company from which two assets, including a 112km transmission line and a substation, were acquired. |