Actis, a global leader in sustainable infrastructure investment, has announced the acquisition of two new projects to enhance and diversify its Skyline Brazilian transmission platform. These additions increase the platform’s total operational transmission line length to 1,404 km.
Skyline Transmission Platform Overview
Launched in February 2024, Skyline initially owned and operated two transmission line assets spanning 857 km. The platform is set to acquire 90% ownership of a 435 km above-ground transmission line asset in the southern Brazilian state of Santa Catarina from EDP. This asset comes with a 30-year concession period, of which 23 years remain.
In addition, Skyline is fully acquiring two assets from Vinci Partners. These assets include a 112 km above-ground transmission line in Rio Grande do Sul, Brazil’s southernmost state, and a substation with its equipment in Minas Gerais. Both of these assets also have 22 years remaining on their respective 30-year concession terms.
Importance of Transmission Infrastructure
Transmission infrastructure plays a critical role in advancing the global energy transition, particularly in Brazil, where renewable sources such as hydropower, wind, solar, and biofuels account for 89% of electricity generation. Given that renewable energy facilities are often located far from population centers, robust transmission networks are essential for delivering clean power to consumers.
Commitment to Sustainability
At COP29 in November 2024, the Brazilian government raised its climate ambition by committing to a 67% reduction in net greenhouse gas emissions by 2035, compared to 2005 levels. This increased focus on sustainability reinforces the necessity for continued investment in Brazil’s power sector to support decarbonization and energy infrastructure development.
