I Squared takes stake in Colombian pipeline

I Squared takes stake in Colombian pipeline

M&A Equity Energy Gas Project & Infrastructure Finance Colombia US

I Squared Capital said on Tuesday that it acquired a stake in the Colombian natural gas pipeline Oleoducto Central (Ocensa) from Advent International for an undisclosed amount. Advent said in a separate statement that it exited its 22.4% stake in Ocensa through the deal, but it did not reveal the sale price. Cenit, a subsidiary of Colombia's state-owned oil company Ecopetrol, controls and operates the pipeline with a 77.6% stake, according to the two firms. Advent, a private equity firm based in

Already have an account?

Free trial

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

Free Trial