Transchile seeks funding

Transchile seeks funding

Debt Loans Chile Spain Electricity

Chilean power transmission company Transchile Charrúa Transmisión said late Tuesday that its board of directors called a shareholder meeting to vote on a proposal to raise funds for general corporate needs. The meeting will be hold on December 9, the company said in a securities filing. Transchile did not provide further details on the financing plans. The company is owned by Ferrovial, a Spanish engineering company that acquired the company in 2016 from Brazil's Alupar and Cemig for $115 millio

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