Vinci Partners Announces Partnership for a New Strategy in the Renewable Energy Sector
RIO DE JANEIRO, Brazil, Nov. 18, 2021 (GLOBE NEWSWIRE) — Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners”, “the Company,” “we”, “us”, or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today a partnership with Gradiente Energias Renováveis S.A., a company focused on the renewable energy sector, that will be part of a new strategy to be managed by Vinci Partners’ Infrastructure segment.
The partnership has a pipeline for the development of three clean energy focused projects in Brazil, which together represent approximately R$2.5 billion in investments. The projects comprehend the construction of a solar power complex in the state of Bahia, consisting of two phases, and of a windfarm complex in the state of Rio Grande do Sul, both developed by Gradiente, a company within Grupo Electra.
José Guilherme Souza, partner and Head of Infrastructure for Vinci Partners, said, “We are thrilled to announce our partnership with Gradiente Energia, a company with an excellent management team with 20 years of experience in the sector. Through this partnership, we are establishing a new strategy within the Company’s ESG oriented investment opportunities, focused on renewables and the transition to a low carbon economy, which is an important milestone for us.”
Sergio Brandão, CEO for Gradiente, said, “This partnership is of enormous strategic significance for Gradiente, as we partner with such a world class investment house as Vinci Partners. It demonstrates Gradiente’s ability to develop quality renewable projects for mutual benefit and to meet Brazil’s growing clean energy needs.”
About Vinci Partners Infrastructure
Our infrastructure core plus strategy seeks to have exposure to real assets related to physical infrastructure, through investments in equity and debt instruments across several sectors, including but not limited to power generation and transmission, transportation and logistics, and water & sewage. The infrastructure team aims control or control-oriented positions in brownfield and greenfield opportunities and employs active hands-on management of assets and operations.
About Vinci Partners
Vinci Partners is a leading alternative investment platform in Brazil, established in 2009. Vinci Partners’ business segments include private equity, public equities, real estate, credit, infrastructure, hedge funds, and investment products and solutions, each managed by dedicated investment teams with an independent investment committee and decision-making process. We also have a financial advisory business, focusing mostly on pre-initial public offering, or pre-IPO, and merger and acquisition, or M&A, advisory services for Brazilian middle-market companies.
Forward-Looking Statements
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USA Media Contact
Nick Lamplough / Kate Thompson / Katie Villany
Joele Frank, Wilkinson Brimmer Katcher
+1 (212) 355-4449
Brazil Media Contact
Danthi Comunicações
Carla Azevedo (carla@danthicomunicacoes.com.br)
+55 (21) 3114-0779
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