state (6do encyclopedia)

China’s SPIC in Advanced Talks to Buy I Squared’s Inkia

Bloomberg

23-05-22 13:23


State Power Investment Corp is reportedly in advanced talks to purchase Latin American power firm Inkia Energy from Miami-based infrastructure investment firm I Squared Capital. Details of the transaction being discussed have not been revealed. The deal for Lima-based Inkia could exceed a value of $2bn, according to an anonymous insider.

https://www.bloomberg.com/news/articles/2023-05-22/china-s-spic-is-said-in-advanced-talks-to-buy-i-squared-s-inkia?srnd=next-china