Equatorial electricity group (EQTL3) announced on Friday night the sale of its electricity transfer division to Canadian CDPQ, in a company that assigns a value of up to $ 9.4 billion to the negotiated assets, according to a relevant fact for the market.
The equatorial, which won the privatization auction of the largest sanitary company in Latin America, SABEP last year with a bid of about $ 7 billion sale, said that sales involve all documents of equatorial transfer said, which has seven transfer networks.
The asset value for assets in the business was set up to $ 5.19 billion on the base date for the end of the first half. The debt for transfer assets at the end of last year of $ 2.86 billion, says the equatorial.
“With the conclusion of the operation, the equatorial will no longer stop any direct and/or indirect participation in equatorial transfer and transmitter, whose assets were purchased at auctions in 2016 and 2017, and constitute a representative and high quality portfolio and profitability in the sector,” said the company in relevant fact.