Announced
Financials
Sources
Tags
Private Equity
Pending
power transmission
Private
Brazil
Electricity Distribution
Friendly
Acquisition
Cross Border
Peru
Single Bidder
Majority
Uruguay
Synopsis
Caisse de depot et placement du Quebec, a private equity firm, agreed to acquire power transmission assets in Brazil, Peru and Uruguay of Terna Group, a transmission system operator, for $279m. "Terna will now refocus its international footprint in low-risk markets with attractive growth potential, as we announced in our updated 2021-2025 Industrial Plan," Giacomo Donnini, Terna Head of International Operations.
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