Colombia sets January date for Isagen auction

Colombia sets January date for Isagen auction

Colombia M&A

Colombia’s government will auction its 57.6% stake in electricity provider Isagen on January 13, it said.  French utility firm Engie, Canada’s Brookfield Asset Management and Chinese state-owned power generator Huadian Corporation are understood to be pre-qualified for the auction. Spain’s Gas Natural and Chilean utility Colbun have also previously indicated interest in the asset. The interest from overseas buyers is thought to be a part of the government’s rationale to increase its askin

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