IEnova takes out loan from Scotiabank

IEnova takes out loan from Scotiabank

Loans Mexico Capital Markets Project & Infrastructure Finance Energy Debt

IEnova, the Mexican subsidiary of US energy company Sempra Energy, has borrowed $600 million from Scotiabank to finance construction projects and fund daily operations, according to a securities filing. IEnova took out a new one-year loan for $250 million and renewed a two-year revolving credit facility for $350 million from the Canadian lender, it said in the filing on Thursday. Sempra said last week that it had settled a deal to take full control of IEnova, paying MXN78.97 per share to buy the

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