Enel emerges as top suitor for Sempra assets

Enel emerges as top suitor for Sempra assets

M&A Corporate & Sovereign Strategy Energy Electricity Chile Peru Europe US Colombia

Italy's Enel has appeared as the strongest bidder for Sempra Energy's businesses in South America, LatinFinance has heard. "Enel just won a three-year, $42m concession to operate the grid, which shows an increasing commitment to Peru, and it has been giving public hints here and there," said an M&A banker in Lima. Sempra said in January that it plans to sell its two subsidiaries in South America and focus on the US and Mexican markets. The US energy company owns all of Chilquinta Energía in

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial