IEnova signs new revolver

IEnova signs new revolver

Loans Debt Energy Gas Mexico US Canada

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

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