Announced

GIP to acquire a 49% stake in AES Andes for $441m.

Synopsis

Global Infrastructure Partners, an infrastructure investment fund, agreed to acquire a 49% stake in AES Andes, a provider of energy solutions in Chile, Colombia and Argentina, for $441m. “We are very proud to form this strategic partnership with GIP, one of the world leaders in renewable investment, in order to continue accelerating our growth and thus decarbonize our portfolio, make our clients supply more sustainable and transform the energy matrix of Chile," Ricardo Falú, AES Andes CEO.

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