September 18, 2019 |
AES Gener said it has agreed to buy the 110 MW Los Cururos wind farm in Chile from Colombia's Empresas Públicas de Medellín (EPM) for $138m.
In the deal, AES Gener's subsidiary Norgener Renovables will buy the special purpose vehicle that owns the wind farm, while the the Santiago-based power utility company itself will buy EPM Transmission, which owns the affiliated substation La Cebada, according to a securities filing.
"This transaction is part of the Greentegra strategy defined by the compan
US power company agrees to pay $138m to buy Los Cururos from Colombia's EPM