Cálidda requests loan for expansion plans

Cálidda requests loan for expansion plans

Loans Debt Energy Gas Peru Colombia US

Cálidda, the natural gas business of Grupo Energía Bogotá (GEB) in Peru, has requested a $100 million loan from IDB Invest to fund its expansion plans through next year, according to documents from the multilateral lender. Cálidda will use the eight-year loan to expend its distribution network in the provinces of Lima and Callao, IDB Invest said. The company raised PEN342 million ($96.9 million) from the sale of 10-year bonds in the local market in September last year, putting the money towards

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