Radar > 227859

Isagén's sale to be decided in a 30-day period

La venta de Isagén se decidirá en un periodo de 30 días

Intel ID : 227859
Synopsis

Isagén (BVC:ISAGEN), a Colombia-based state-owned hydroelectrical company, could be sold in a 30-day period, reported Dataifx.com on 3 August, 2015.

The state council gave parties 10 days to submit their pleas regarding the suit filed against the sale of the company in order to make a final decision. The decision will be made in the following 20 days.

August 2013, the council suspended the sale of Isagén and after the government relaunched the process, in May 2015 preventative measures were taken to suspend the sale of the state's stake once again (see related intel).
(content in spanish)

Isagén (BVC: ISAGEN), empresa hidroeléctrica estatal con sede en Colombia, podrá ser vendida en un plazo de 30 días, según ha publicado la página de información online Dataifx.com el 3 de agosto de 2015.

El Consejo de Estado ha otorgado un plazo de 10 días a las partes para que presenten sus alegatos sobre la demanda interpuesta por la venta de la empresa y así poder tomar una decisión. Posteriormente se contará con otros 20 días para decidir el futuro de Isagén.

En agosto de 2013 se suspendió la venta de la empresa y tras reanudarse la operación, en mayo de 2015 se tomaron las medidas cautelares para volver a suspender la venta de Isagén por parte del Estado (Ver Intels relacionados).

Target

ISAGEN
Colombia

Intel ID 227859
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - ISAGEN
(31 Dec 2015)
Revenue: EUR 824,22m
EBITDA: EUR 341,73m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
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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

Radar

Date Title Type Intel Grade Country Subsector  
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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.