Energía Bogotá-backed Argo Energia completed the acquisition of five transmission lines from Brookfield for $831m.

Energía Bogotá-backed Argo Energia, a Brazilian company dedicated to the management and operation of high voltage transmission networks, completed the acquisition of five transmission lines from Brookfield, an alternative asset management company, for $831m. “Thanks to this acquisition, Argo Energía will double its size and strengthen its leadership, especially in the Northeast region of Brazil, one of the areas with the greatest renewable potential and with the greatest infrastructure development needs. from the country."