September 24, 2019 |
Mexico's IEnova said it has signed a new two-year revolving credit line from Scotiabank for $280m, less than a month after it renegotiated natural gas pipeline contracts with the state-owned utility company CFE.
IEnova, a subsidiary of the US energy company Sempra Energy, said it will use the money for investments, working capital and other general corporate purposes.
The Mexico City-based firm got a three-year revolver for $100m from Scotiabank in April. It also added $330m to an existing revol
Sempra's Mexican subsidiary gets a two-year, $280m credit line from Scotiabank