Sustainable infrastructure investor Actis is acquiring a stake in Brazilian renewable energy company Omega Energia.

Actis, which already invests in the Brazilian and wider Latin American energy markets, said the latest investment is the first deal in the Americas it has made on behalf of the Actis Energy 5 fund.

Omega invests in wind, solar and hydro projects across Brazil.

Actis said its equity capital will support the development of a “proprietary growth pipeline to establish Omega as a leader in the energy transition” space across the Americas.

Michael Harrington, partner at Actis said: “We see an enormous opportunity to work alongside Omega, one of Latin America’s most respected energy leaders with whom we share an exciting alignment of values and ambition, to position the company as a major player in the energy transition space across the Americas.“

Antonio Bastos, founder of Omega Energia, said: “We have admired Actis for a long time, given their experience in building and operating clean energy platforms across Latin America.

“The firm is globally respected with a proven track record both locally and internationally, having created substantial investor value across numerous investments, while always delivering best in class sustainability leadership.”

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