Announced
Financials
Sources
Tags
power generation
Private
Peru
Conventional Electricity
Cross Border
Single Bidder
Acquisition
Majority
Private Equity
Infrastructure
Pending
Friendly
Synopsis
Actis-backed Niagara Energy, a heavy manufacturer serving the nuclear markets, oil and gas, and general heavy fabrication, agreed to acquire a stake in the Peruvian generation assets of Enel, an Italian multinational manufacturer, for $1.4bn. The transaction is in line with the Enel’s strategic priorities, which envisage the repositioning of Enel on countries where the group has higher growth potential as well as an integrated presence, namely Italy, Spain, the United States, Brazil, Chile and Colombia.
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