STOA Infra and Energy, an investment fund specialized in infrastructure projects, acquired a 33% equity stake in the SSM1&2 solar projects in Brazil developed and owned by Voltalia, a renewable energy producer. The project is currently under construction and scheduled to come online in the first half of 2022. SSM1&2 is backed by five power sales contracts with an average duration of 16 years. SSM1&2 is a part of the Serra Branca cluster, which is developed by Voltalia in the Brazilian state of Rio Grande do Norte. It is the largest wind and solar cluster with a potential capacity of 2.4 GW. Voltalia is the controlling shareholder of a significant part of the projects located in the region, with the other projects divested to partners.