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Central Puerto completed the acquisition of the Argentina forestry assets from Masisa Group.

Synopsis

Central Puerto, a company in the production of electricity, completed the acquisition of the Argentina forestry assets from Masisa Group, a forestry business company. Financial terms were not disclosed. "At Central Puerto we have made the strategic decision to invest in all those industries in which the country has clear comparative advantages. Thus, we are pleased to announce the acquisition of Masisa's forestry assets in Argentina. We are analyzing investment alternatives aligned with the global trend of developing innovative projects that increase the environmental performance of companies and contribute to global decarbonization objectives," Fernando Bonnet, Central Puerto General Manager.

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