Enagas and CPPIB acquired Compañía Operadora de Gas del Perú from Graña y Montero.

Graña y Montero SAA a leading Engineering and Construction company announced that it closed the sale of its 51% stake in Compañía Operadora de Gas del Amazonas S.A.C. in favor of Enagás and Carmen Corporation, its partners so far, for $21.5m. This operation is part of the non-strategic asset sale process of the company, which, as its Chief Executive Officer, Luis Diaz Olivero, announced at the recent General Shareholders Meeting, “is exceeding initial expectations”. With COGA, four non-strategic assets have already been sold, reaching a total amount of $108m, which brings liquidity to the company and boosts its plan of debt reduction. Recently, Graña y Montero also announced the sale of its stake in the company PRINSUR, in the Cuartel San Martín project and in the Canadian company Red Eagle Mining Corporation.