Enersis Earmarks $2.4bn for Acquisitions

Enersis Earmarks $2.4bn for Acquisitions

Chile M&A

Chile’s Enersis could spend up to $2.4bn over the next two years increasing the size of minority stakes and on new acquisitions, CEO Ignacio Antonanzas Alvear says. The energy generator and distributor could spend $300m-$700m per opportunity to increase its stakes in companies in Chile, Colombia, Peru and Brazil. New acquisitions could include a large “transformational” purchase in Brazil or smaller deals of $400m to $1bn in Peru or Colombia. The company will look for distribution businesses tha

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