Radar > 229263

Colombian state council lifts suspension over the sale of Isagén

Consejo de Estado Colombiano levanta suspensión sobre venta de Isagén

Intel ID : 229263
Synopsis

The Colombian state council announced the lift of the preventative measures that suspended the sale of the state’s stake in Isagén (BVC:ISAGEN), a Medellin-based state-owned hydroelectric company, in a press release issued on 10 September, 2015.

The council gave the government four months and 10 days to relaunch and close the sale process.

In May 2015, the state council passed the preventative measures that halted the sale (see related intel).
(content in spanish)

El Consejo de Estado colombiano ha anunciado el levantamiento de las medidas cautelares que suspendían la venta de la participación del estado en Isagén (BVC:ISAGEN), empresa hidroeléctrica estatal con sede en Medellín, en un comunicado de prensa publicado el 10 de septiembre de 2015.

El Consejo le ha dado al gobierno cuatro meses y 10 días para reanudar y terminar el proceso de venta.

En mayo de 2015, el Consejo de Estado dictó las medidas cautelares que frenaron la venta (ver intel relacionado).

Relevant Documents

Target

ISAGEN
Colombia

Intel ID 229263
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - ISAGEN
(31 Dec 2015)
Revenue: -
EBITDA: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Energy and Renewable Energies / Geothermal (Primary)
Energy and Renewable Energies / Hydraulic
Primary Sector (TTRSC)
20.04.04 Hydro Power
20 Energy & Utilities / 20.04 Renewable Energy

Secondary Sectors (TTRSC)
20.04.03 Geothermal
20 Energy & Utilities / 20.04 Renewable Energy

20.04.08 Solar Power
20 Energy & Utilities / 20.04 Renewable Energy

20.04.09 Wind Power
20 Energy & Utilities / 20.04 Renewable Energy

Country
Website
Description

Seller

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Public Services (Primary)
Infrastructure / Railroads
Primary Sector (TTRSC)
50.01.01 Executive & Legislative Offices/Bodies
50 Public Services & NGOs / 50.01 Government & Public Administration

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Services and Distribution / Other Services (Primary)
Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.