(PEHUB) Technology company WebRadar has secured a new round of equity financing led by Citrix, with participation from existing investor Intel Capital, Intel’s global investment and M&A organization. The investment marks the first for Citrix in both Brazil and Latin America. Read more
(Valor Economico) Rio Bravo Investimentos, founded by former Central Bank President Gustavo Franco, has closed a new round of funding for a private equity fund aimed at investments in the energy sector. With the latest contribution of R$ 96 million, the fund now holds R$ 559 million. The funds raised will be used for follow on rounds in the fund’s portfolio. Read more at Valor Economico.
(The Blackstone Group) Blackstone announced a partnership with a highly experienced management team, led by Pedro Barriuso, the former Executive Chairman at Element Power and former head of Iberdrola Renewables, to create Fisterra Energy (“Fisterra”), a company owned by funds managed by Blackstone on behalf of its private equity investors. Read more
(OBPR) November 12, 2012 – Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, and CAF, development bank of Latin America, announced that they have invested in the Tacna and Panamericana solar projects in southern Peru, and that the Tacna project has entered into operation. Read more
IFC, IFC ALAC Fund to Invest $27M in PetroNova to Support Company Growth, Expand Oil and Gas Production in Colombia
(The Sacramento Bee) September 10, 2012 - IFC, a member of the World Bank Group, and the IFC African, Latin American, and Caribbean Fund (IFC ALAC Fund), have agreed to make a $27 million equity investment in PetroNova, Inc, to support the expansion of the company’s oil and gas exploration program in Colombia. Read more
(Conduit Capital Partners) August 1, 2012 – Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, today announced the initiation of construction of a 22 megawatt Wind Project at Santa Catarina (“Eolica Santa Catarina”) in northern Mexico. Read more