Caisse de dépôt et placement du Québec (CDPQ) has entered an agreement to acquire Integracao Transmissora de Energia SA (Intesa), a 695-kilometre power transmission network in central Brazil, in a $108.5 million deal that marks the second power transmission investment by CDPQ in Latin America within the past 18 months. The deal follows CDPQ’s acquisition of nearly 1,100 kilometres of power lines in Brazil, Peru, and Uruguay from Terna Group. Upon deal closing, Intesa will be integrated into CDPQ’s Latin American power transmission platform, Verene Energia. The deal is expected to close by the end of 2023.