July 13, 2021 |
Chilean power transmission company Sociedad de Transmisión Austral (SAT) said it has acquired Tolchén Transmisión from Spain's Acciona Energía for $36 million, expanding the interests of its controlling shareholders — two Canadian pension funds — in the sector.
SAT bought a 100% stake in Tolchén in both cash and by taking on the debt that the transmission company has with its former owner, according to a securities filing.
SAT is a unit of Inversiones Eléctricas del Sur, an investment vehicle co
Canadian investor-owned firm pays $36 mln to buy Tolchén from Spain's Acciona