January 5, 2018 |
AES Gener has sold all shares it owns in in Sociedad Electrica Santiago to Generadora Metropolitana for $300m, according to a statement from the company.
The sale of the special purpose vehicle involves divesting four thermal power plants with a combined 750 MW in capacity. These include the Renca and Nueva Renca facilities, in Chile's Metropolitan region, Los Vientos in Valparaiso, and Santa Lidia in Biobio.
EDF Chile and Andes Mining & Energy are indirect shareholders of Generadora Metropo
Chilean power company gains $300m for generation assets, puts more transmission assets up for sale amid broader divestment push