Epsa faces decision on Celsia acquisitions

Epsa faces decision on Celsia acquisitions

Debt Capital Markets Corporate & Sovereign Strategy Electricity Renewable Colombia

Colombian electricity company Empresa de Energía del Pacífico, or Epsa, will decide on November 20 whether to buy the Montañitas and Río Piedras hydroelectric plants from its parent company Celsia. Epsa could also acquire a 330 MW wind farm in La Guajira, the Meriléctrica thermoelectric plant and plots for solar projects in Bolívar, Santander and Tolima as part of the deal, Celsia CEO Ricardo Sierra said in a conference call with investors. "As a result of this transaction, Celsia will consolida

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