July 2, 2020
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
GEB's natural gas business in Peru asks for $100 mln from IDB Invest to add to its distribution network in Lima