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Article: Chile : Iberdrola Sells Stake in Chilean Hydropower Company to CGE.
- Article from:
- TendersInfo
- Article date:
- October 10, 2009
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Iberdrola SA, Spain s largest utility, sold its controlling stake in Iberoamericana de Energia Ibener SA, a Chilean hydropower unit, as part of its program to sell assets.
The Bilbao-based company sold the unit to Compania General de Electricidad SA for $281.6 million, Iberdrola said in an e- mailed statement today. An additional sale of a $16 million stake ...