(Bloomberg) Actis LLP, a London-based private equity company and Mainstream Renewable Power Ltd. will develop $1.4 billion of wind and solar projects in Chile to help curb electricity shortages threatening the mining industry. Read more
(Dow Jones) Talks between Brazilian home builder Gafisa SA and Blackstone Group, as well as the New York firm’s Brazilian partner, Patria Investimentos, over the sale of subsidiary Alphaville Urbanismo SA are advancing and a deal could be announced soon, said a person familiar with the negotiations. Read more
(Crunchbase) Confrapar’s first fund HorizonTI celebrated the end of its investment period with R$ 24.8 million of committed capital. HorizonTI is now entering its divestment period in six technology companies, five of which have already received series B investment rounds. During the first three and a half years of the fund, 250 new jobs were generated in the state of Minas Gerais, where the fund operates. Read more
(Funds Americas) With assets of $ 47 million, the private equity fund Mineria Activa III seeks to promote at least three mining development projects. On the other hand, the agricultural venture capital fund Sembrador Venture, involving Subsole and LarrainVial, is starting a third investment vehicle under the name of Victus. Read more
(Valor Econômico) Log Commercial Properties – a subsidiary of MRV Engenharia focused on assets for logistics centers – will receive R$ 278 million for its growth strategy. Of the total, R$ 150 million will provided by the current owners of Log. The remaining R$ 128 million will be paid by a private equity fund managed by Bradesco BBI, which will take a 9.9% share of Log. Read more at Valor Econômico.