Duke Energy completes LatAm exit

Duke Energy completes LatAm exit

Argentina Chile Peru Ecuador El Salvador Guatemala M&A Project & Infrastructure Finance

Duke Energy has completed its exit from Latin America after I Squared agreed to buy the company’s assets in six countries for $1.2bn, including debt. Duke Energy previously announced that China Three Gorges Corp agreed to buy its Brazilian business for the same price.The I Squared deal includes 2,300 MW of hydroelectric and natural gas generation plants, along with 730km of 220 kV transmission lines and natural processing facilities in Peru, Chile, Ecuador, Guatemala, El Salvador and Argent

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