Mainstream Renewable Power Signs 300MW Chile Turbine Supply Agreement with Senvion

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(Press Release)Global wind and solar company Mainstream Renewable Power has concluded a contract with Senvion, a leading global manufacturer of wind turbines, for the supply and installation of 93 wind turbines for two wind farm projects in Chile. The Sarco and Aurora wind farms are owned by Aela Energia, the joint venture between Actis (60%) and Mainstream Renewable Power (40%). Read more

Colombian E-Commerce Platform LentesPlus Raises US$1m (en español)

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(Pulso Social) Colombian e-commerce startup LentesPlus has received a US$1m investment round from Colombian incubator InQlab, Mexican VC firm Stella Maris, and international angel investors. Read more

EPG Partners Exits Nubox with Sale to Riverwood Capital (en español)

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(Diario Financiero) Nubox, a Chilean firm that offers accounting, payroll and billing software as a service (SaaS), plans to invest US$12mn over the next five years in expansion and upgrades boosted by an investment from Riverwood Capital. Read more

Advent’s Grupo Biotoscana Acquires Laboratorio LKM

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(Press Release) Pharmaceutical company, Grupo Biotoscana SL in Latin America controlled by Advent International, announced it has completed the acquisition of Laboratorio LKM, a specialty pharmaceutical manufacturer based in Argentina. Read more

Sigma SAFI’s Chilena Colbún Acquires Peru’s Fenix Power

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(Gestión) An investor consortium composed of Chilean utility company Colbún, the Abu Dhabi Investment Authority (ADIA) and Sigma SAFI’s Infrastructure Fund has acquired thermoelectric power generation company Fenix Power Perú. Read more

Mountain Partners Buys 51% of Nazca Ventures Fund

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(Press Release) Further developing its company building activities in Latin America, Mountain Partners AG has recently acquired a majority stake in one of the leading Latin American investment and company building groups NAZCA Ventures. Read more

George Soros Puts Money on Latin America Hotels

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(WSJ) Billionaire George Soros’s investment firm has agreed to spend up to $300 million on an Argentine hotel company’s Latin America expansion, a vote of confidence in a region that has been suffering slow economic growth and waning investor interest. Read more

Mountain Partners Looks to Create 20 Businesses a Year in LatAm (en español)

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(Diario Financiero) Swiss Corporation Mountain Partners and co-investors in Europe, North America and Asia, acquired 51% the administration of Nazca Ventures, led by Alan Farcas and Santiago Caniggia, as well as 100% of Nazca’s funds which consist of investments in 23 business in Colombia, Mexico and Chile. Read more

Chilean Fund Raising US$50m for Permanent Crops in Colombia

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(Agri Investor) A Chilean agri­focused private equity firm, Sembrador, plans to raise US$20m to US$50m for permanent crop farms in rural Colombia. The group is courting the Colombian government, the Inter­American Development Bank and family offices for commitments for the fund, which is expected to close by year­ end 2016, according to a Sembrador executive. Read more

Rakuten Backs Spanish And Latin American Taxi App Cabify

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(TechCrunch) Cabify, a taxi app which operates in Latin America and Spain, has raised US$12m from Rakuten FinTech Fund, Seaya Ventures and others. Read more