Actis, a global investment firm, completed the acquisition of the operational transmission asset from Energias do Brasil, an electric utility company. Financial terms were not disclosed. “Brazil’s transmission sector represents an excellent investment opportunity: fully operational assets, providing essential service infrastructure, with world class regulation, delivering consistent and competitive cash flows for our investors. The asset Actis is acquiring is net zero aligned and critical to meeting the demand for grid expansion and modernisation required for electrification and renewables deployment as part of the energy transition, as well as the general economic growth of the country. What’s particularly exciting from a value-creation perspective is that we already hold Brazilian transmission assets through HRZ, so we can leverage our existing experience and learnings in this market to deliver value-add on everything from contractor management to community engagement and sustainability,” Adrian Mucalov, Partner, Actis Head of Long Life Infrastructure.