In March 2024, Grupo Equatorial completed its divestment of Intesa and invested in renewable energy projects, strengthening its capital structure and expanding its portfolio in response to Brazil's growing demand for sustainable energy solutions.
Target Information
In March 2024, Grupo Equatorial successfully completed the divestiture of Intesa, a process that commenced in November 2023. This strategic move is part of the group's broader objective to deleverage and optimize its capital structure in anticipation of future value-generating opportunities across its operational avenues.
A notable project undertaken by Equatorial includes the energization of the UFV Ribeiro Gonçalves solar complex, which commenced operations in May 2024. Located in Ribeiro Gonçalves, Piauí, this facility spans over 370 hectares, features 460,000 solar panels, and has an installed capacity of up to 283 MWp, sufficient to supply approximately 335,000 households.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Brazil
Brazil's renewable energy sector is experiencing significant growth, driven by government policies aimed at increasing the share of renewables in the energy mix. Investments in solar and wind energy have surged, position
Similar Deals
Enauta Energia S.A. → FPSO Cidade de Santos MV20
2023
Victory Hill → Run-of-River Hydropower Plant
2022
Grupo Equatorial
invested in
Intesa
in 2024
in a Other Private Equity deal