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Colbun says not able to bid for Colombia's Isagen

Tuesday, January 12, 2016

Chilean energy company Colbun said it will not be able to bid for a controlling stake in Colombian power generator Isagen.

Consortiums controlled by Colbun and Canada's Brookfield Asset Management were expected to bid for the 57.6 percent stake in Isagen on Wednesday. The stake is valued at around $1.94 billion.

Source: Reuters