Petrobas to Sell 81% Stake in a Natural Gas Pipeline Network to Brookfield for US$6b

Tags: , , , , , , , ,

(Bloomberg) Brazil’s troubled state-run oil company Petrobras is close to selling a 81 percent stake in a natural gas pipeline network in Brazil for nearly US$6b to a consortium led by Brookfield Asset Management Inc, said three people with direct knowledge of the matter. Read more

ChileGlobal Angels and Imagine Business Lab to Launch Strategic Collaboration (en español)

Tags: , , , , ,

(PulsoSocial) ChileGlobal Angles, the angel investment network and incubator and accelerator supported by Microsoft, has signed a strategic agreement with Imagine Business Lab to promote the search and active selection of new investment opportunities and to continue the development of innovation and entrepreneurship ecosystem in Chile. Read more

BlackRock to Launch First LatAm Infra Fund

Tags: , , , , , , , , ,

(Reuters) BlackRock targets 2016 launch for LatAm infrastructure fund. BlackRock Inc is accelerating its push in Latin America, making plans for its first launch of a private equity infrastructure fund targeting that market. Read more

Petrobras Sells Subsidiaries to Southern Cross Group & Pampa Energía (em português)

Tags: , , , , , ,

(Estadão) Petrobras has sold its Chilean subsidiary to the Southern Cross Group for $490m, and its Argentine subsidiary to Pampa Energía, a power company backed by Argentine private equity firm Grupo Dolphin, for US$892m. Read more

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

Tags: , , , , , , , , , ,

(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

Grupo Luksic and Peru’s Nexus Group Set to Exit Alusa (en español)

Tags: , , , , , , , ,

(El Comercio) Chile’s Grupo Luksic and Peru’s Nexus Group have reached an agreement to sell Alusa, the largest flexible packaging business in South America, for US$435m to Australian firm Amcor. The transaction is expected to close in the upcoming months. Read more

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

Tags: , , , , , , ,

(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)

Tags: , , , , , , ,

(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

Tags: , , , , , , , , , ,

(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

Tags: , , , , , ,

(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