February 12, 2020
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
Infrastructure-focused private equity firm buys 22.4% of Ocensa from Advent