Jump to content

Grupo Carso of Mexico Acquires Ideal Panama's Hydroelectric Power Plants

Recommended Posts

  • Moderators

Mexicans Acquire Hydroelectric Power Plants in Panama

Grupo Carso announced the acquisition of the total shares of Ideal Panama, a company operating two hydroelectric plants with a combined capacity of 145 MW.

Monday, February 10, 2020

The amount of the transaction was $152.6 million, according to a relevant announcement published by the Mexican Stock Exchange.

See "$1.2 Billion in Energy Investments"

The announcement states that "... Grupo Carso S.A.B. de C.V. informs the investing public that on February 5, 2020, through its subsidiary Carso Energy Corp. it acquired, from Promotora del Desarrollo de América Latina, 100% of the shares representing the capital stock of Ideal Panama."

The document states that "... Ideal Panama, S.A. has a debt with the commercial banks for an amount of $400,000,000 USD."



Link to comment
Share on other sites

  • Moderator_02 changed the title to Grupo Carso of Mexico Acquires Ideal Panama's Hydroelectric Power Plants

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...