Pi Capital Advises U.S.-Based Multibillion-Dollar Private Investment Platform on Renewable Energy Acquisitions in Brazil
NEW YORK, Feb. 6, 2018 /PRNewswire/ -- Pi Capital's affiliated broker-dealer, Marco Polo Securities Inc. is pleased to announce that it advised Vientos Solutions LLC on the acquisition of controlling interests in two photovoltaic solar generation projects in the State of Bahia, Brazil – SPE Assuruá Geradora de Energia Solar S.A. and UFV Verde Vale III, Ltda. Terms of the transactions were not disclosed.
"A core focus of Pi Capital's Power and Energy sector focus is our ability to support financial and strategic alternative asset managers on the successful implementation of their investment strategies in renewable energy assets around the world. We look forward to bringing more of these options to our clients. The depth of Pi Capital's relationships with developers and service providers active in South America and the Caribbean helps us provide that essential bridge between investors seeking to extend their reach into the region," said Pavlos Mavrides, Managing Director and Head of Power & Energy Investment Banking at Pi Capital.
Vientos Solutions is committed to expanding its footprint in Brazil and other emerging markets through wind, solar and hydro energy projects. The acquisition of Assuruá and Verde Vale III supports Vientos Solutions' expansion strategy by extending its business in the Southern Cone to the solar market in Brazil's Northeast region. The Assuruá project reached commercial operation ahead of schedule, and construction is progressing quickly at Verde Vale.
About Vientos Solutions
Vientos Solutions is an international energy company that develops, builds, owns and operates energy infrastructure businesses in the emerging markets. Vientos is primarily focused on the development of renewable energy solutions, investing in wind, solar and hydro assets. Established in 2016, the company is currently developing two solar power plants in Brazil and a wind power plant Argentina, all of which to begin commercial operations in 2018. Vientos also has several other projects in its development pipeline. Through its affiliates, Vientos has offices in Houston, Buenos Aires, and Belo Horizonte. Vientos Solutions is sponsored by a U.S.-based private investment firm managing more than $13 billion in assets on behalf of its investors.
About Pi Capital
Pi Capital provides financial advisory services to corporations, governments and financial sponsors enabling its clients to make and execute the strategic decisions needed for success in domestic and global markets. Pi Capital's services include advising on mergers and acquisitions, recapitalizations and restructurings, and raising private capital. The firm's global network of clients and capital providers spans North America, Asia, Latin America and EMEA. Pi Capital's team consists of experienced international bankers, familiar with cross-border complexity and cultural nuances, delivering transaction, sector and product expertise. Pi Capital offers access to alternative investment and non-traditional pools of capital. Today, Pi Capital focuses on the financial institutions, industrials, automotive and energy sectors. All regulated activities are conducted through Marco Polo Securities Inc.
Further information on Pi Capital International LLC is available at www.picapital.global.
About Marco Polo Securities
Marco Polo Securities Inc. is a U.S.-registered broker-dealer offering global execution, regulatory and distribution capabilities. Marco Polo was the pioneering platform in building cross-border electronic trading infrastructure to enable global institutional flows and currently provides a unique distribution and regulatory network for capital raising and wealth management in the global markets. Marco Polo Securities is a member of FINRA, NFA and SIPC.
Further information on Marco Polo Securities is available at www.mpsecurities.com.
CONTACT:
Pi Capital International LLC
Rachel Robinson
Administrative Officer
(347) 745 6448
SOURCE Pi Capital International LLC
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