September 5, 2022 |
I Squared Capital, a Miami-based infrastructure investment firm, is considering selling its Latin American energy business Inkia Energy, according to Bloomberg News.
The power producer could be sold as a whole or in parts and could raise I Squared more than $2 billion, the newswire said, citing people familiar with the matter.
I Squared bought the company in 2017 for $1.2 billion, acquiring a portfolio of energy assets in nine Latin American countries. In 2020, it sold two of Inkia Energy’s Peru
Infrastructure investment firm could net $2 billion from sale of energy company, which is buying back bonds