Colombia Is Said to Review Plans to Divest Its Stake in ISA
Jan 06 2021, 11:02 PM
January 06 2021, 2:38 AM
January 06 2021, 11:02 PM
(Bloomberg) Colombiaâs government is reviewing plans to sell a stake in Interconexion Electrica SA that is attracting interest from publicly owned companies, according to people with direct knowledge of the matter.
(Bloomberg) Colombiaâs government is reviewing plans to sell a stake in Interconexion Electrica SA that is attracting interest from publicly owned companies, according to people with direct knowledge of the matter.
Grupo Energia Bogota is among companies considering a bid for the stake in the transmission company, while Ecopetrol SA and Empresas Publicas de Medellin could also look at the asset, one of the people said, asking not to be named discussing private matters. The government owns a majority 51.4% stake in ISA, which at current market prices could fetch $4.2 billion.