◼︎ CDPQ-backed Verene Energia to acquire Equatorial Transmissão, a Brazil-based power transmission business unit which owns and operates over 2,400 km of transmission lines, for CAD1.26b (~USD891.4m). #RealAssets
◼︎ Merama, a Mexico- and Brazil-based e-commerce brand aggregator, raised a USD215m equity and debt round from Advent International, Softbank, Valor Capital Group, monashees and others. #VC
◼︎ Global Infrastructure Partners agreed to acquire a 70% stake in a joint venture with Vale's Brazil-based renewable energy arm Aliança Energia for ~USD1b. #RealAssets
◼︎ Macquarie Asset Management agreed to acquire a 45% stake in TAG Pipelines Sur, a Mexico-based gas pipeline company, facilitating an exit for Brookfield Infrastructure Partners. #RealAssets
◼︎ Orion Resource Partners led a USD120m round for New Wave, a Brazil-based mining technology company. #PE
◼︎ QED Investors led a USD75m Series B for Felix Pago, a Mexico-based WhatsApp cross-border money transfer service. Other investors included monashees, Switch Ventures, Castle Island and HTwenty Capital. #VC
◼︎ Patria Investments invested BRL320m (~USD54.5m) in Randoncorp, a Brazil-based holding company specializing in equipment, automotive systems and transportation services. #PE
◼︎ Kinea invested BRL210m (~USD36.4m) in Greentech, a Brazil-based cargo handling equipment rental company. #PE
◼︎ Bancoldex and Ruta N’s fund of funds program announced a COP 13.4b (~USD3.1m) commitment to Simma Fintech+, an early-stage VC fund in Colombia. Latin American VC funds interested in being considered for this fund of funds program can register here. #VC
◼︎ Patria Investments secured COP1T (~USD231m) in financing for Puerta de Oro, the largest solar energy project being built in Colombia. Debt was granted by Bancolombia, Banco de Occidente, Banco de Bogota and Financiera de Desarrollo Nacional (FDN). #RealAssets
◼︎ IDB Invest and Finnfund invested USD10m in Netwey, a Mexico-based internet service provider, to expand its fiber optic network and improve internet accessibility. #PE
◼︎ Alianza Investimentos and GIC announced a joint venture to invest BRL2b (~USD340m) in Brazilian data centers. #RealAssets
◼︎ General Catalyst and Paramark Ventures led a USD18.5m Series A for Fourier, a US-based hydrogen production startup, with participation from Positive Ventures, Airbus Ventures, Borusan Ventures, GSBackers and MCJ Collective. #VC
