Infrastructure Investor Awards 2019: Latin America

Deal of the Year, Latin America

WINNER: Transportadora Associada de Gás (CDPQ, Engie)

Caisse de dépôt et placement du Québec and Engie joined forces to complete the acquisition of a 90 percent stake in the largest natural gas transportation network in Brazil, Transportadora Associada de Gás, last year. The deal was valued at $8.6 billion and was structured with 70 percent debt and 30 percent equity. The transaction gives the investors exposure to a company managing 47 percent of Brazil’s gas infrastructure and 4,500 km of gas pipelines. The network also has 12 gas compression stations and 91 delivery points.

SECOND PLACE: Ascenty

THIRD PLACE: Rumichaca-Pasto toll road

Renewables Deal of the Year, Latin America

WINNER: Andes Renovables (Mainstream Renewable Power)

Mainstream Renewable Power reached financial close on the first phase of a 1.3GW wind and solar platform in Chile. Andes Renovables is a three-phase platform that will ultimately comprise seven wind and three solar photovoltaic generation assets. The first phase is planned to feature three wind assets and one solar asset, which are expected to start commercial operation in 2021. It is anticipated this phase will generate adequate sustainable electricity to power 680,000 homes in Chile and displace 656,000 metric tonnes of carbon dioxide annually.

SECOND PLACE: Atlantic Energia Renováveis

THIRD PLACE: Altiplano-La Puna