September 11, 2020 |
Chilean power utility company Colbún said its board of the directors has agreed to invite bidders to acquire its transmission assets or become a partner in the business.
In an extraordinary meeting, the directors said they will take expressions of interest from companies with experience in power transmission, infrastructure or finance to become a strategic partner in Colbún Transmisión, buy a majority stake or purchase the entire division, according to a securities filing.
The company said it ha
Chilean utility could opt to bring in a partner for its transmission business