Colombians To Take Greater Stake In Peruvian Power

Colombia’s largest energy provider, state-controlled Interconexión Eléctrica SA (ISA) and state-owned Empresa de Energía de Bogotá are to bid for a greater stake in Peruvian electricity transmission line Consorcio TransMantaro when it comes to the block on Monday, September 11. The two Colombian firms are planning to buy an additional 15% share to add to the 57% of the company they bought from Canada’s Hydro-Québec in May for $67 million. The share acquisition will add to ISA’s growing presence in the regional power market.