Home / Daily Briefs / 2016 / Brookfield lines up GSP stake

Brookfield lines up GSP stake

Brookfield lines up GSP stake

December 22, 2016 | Mick Bowen
Canadian investor will take over for the troubled Brazilian builder in the $6.5bn pipeline concession, Peruvian finmin says

Brazil Peru Loans M&A Project & Infrastructure Finance

Brookfield is close to buying a majority stake in the $6.5bn Gasoducto Sur Peruano (GSP) natural gas pipeline concession, according to Finance Minister Alfredo Thorne."We're almost at the point of closing," Thorne said in a television interview with Canal N, adding that Brookfield could sign a deal with Brazil's Odebrecht before the end of the year.Brookfield said it had no response to Thorne's remarks, while Odebrecht did not return requests for comment.US-based Sempra Energy last month ended n

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