December 2024 - Astris Finance advises Actis in the acquisition of two transmission line assets from Vinci Partners

São Paulo, December 2024. Astris Finance congratulates its client Actis, a leading global investor in sustainable infrastructure, who has completed the acquisition of two transmission line assets from Vinci Partners in Brazil.This acquisition, will expand its Skyline Brazilian transmission platform, bringing the length of the business’ operational transmission lines to a total of 1,404km.

These two assets consist of a 112km above-ground transmission line in the state of Rio Grande do Sul in Brazil’s far south and a substation and its equipment in Minas Gerais state. Each asset has more than 20 years left on its 30-year concession.

Power transmission is critical to accelerating the energy transition in a country such as Brazil where renewables, notably hydro but also wind, solar and biofuels, generate 89% of the electricity. Since production is not typically located near consumption centers, transmission lines are an essential infrastructure for access to power, and particularly decarbonized power.

Astris Finance acted as exclusive financial advisor to Actis. This transaction further strengthens Astris’s premier position in the Brazilian transmission line sector, both in the M&A and financing markets.