Announced
Completed
Financials
Sources
Tags
Majority
Private
Private Equity
Completed
Colombia
Single Bidder
Integrated Oil and Gas
Friendly
natural gas-fired plant
Acquisition
Cross Border
Synopsis
Partners Group and Glenfarme-backed EnfraGen, a developer, owner, and operator of grid stability and value-added renewable power and assets in Latin America, completed the acquisition of Termovalle, a natural gas-fired plant in Western Colombia. Financial terms were not disclosed. "The Termovalle acquisition expands and diversifies EnfraGen’s presence in Colombia, reinforcing our commitment to Colombia’s energy transformation and providing confidence and optimism around our ability to expand to this important and attractive market. The acquisition also provides EnfraGen with synergies and additional operating leverage and efficiency across the Prime Energía Colombia business,” Brendan Duval, EnfraGen CEO.
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