Colombia prices Isagen privatization

Colombia prices Isagen privatization

Colombia`s government has set a $500m value for the privatization of Generacion y Comercializacion de Energia SA, known as Isagen, the country`s third largest generator.

Mines and Energy Minister, Luis Carlos Valenzuela said that an analysis of projected cash flows valued the assets of Isagen at $1.36bn, while the debts of the company came to $636m.

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