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Gas Natural Fenosa in $58 million Nicaragua farewell

Tuesday, February 12, 2013

Spain's Gas Natural Fenosa announced it will sell two of its electricity distribution companies in Nicaragua to TSK-Melfosur, a Spanish-Nicaraguan conglomerate.

The transaction is valued at almost $58 million, and Fenosa said it wouldn't have a significant impact on its Latin American operations.

Gas Natural Fenosa operates electricity and natural gas distribution services in Mexico, Colombia, Panama and Costa Rica.

Full story (in Spanish)