Ashmore Energy, Suez Agree Energy Deals

Global energy company Ashmore Energy International (AEI) and Colombian natural gas distributor Promigas have agreed to buy 100% of Peruvian natural gas distribution business Calidda from French power company Suez. The acquisition adds to AEI’s energy infrastructure assets in the region. AEI is a majority shareholder in Promigas. Meanwhile, AEI has entered into an agreement to sell its 51% indirect stake in Bahia Las Minas, a Panamanian generation company, to Suez Energy International. AEI agreed to the divestiture of the company to comply with Panama’s anti-trust laws after it bought Prisma Energy last September. It also owns electrical distribution company Elektra Noreste. AEI gave no financial details of the transactions.