IN BRIEF: EEB updates acquisition, names new head

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Monday, September 15, 2014

Colombian energy group EEB disbursed US$634mn through Inversiones en Energía Latino América Holdings to complete the acquisition of a 31.9% stake in local natural gas transporter TGI.

The financing came from a long term syndicated loan with BBVA, Itaú and Scotiabank, EEB said in a statement.

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In a separate release, EEB said current TGI president Ricardo Roa Barragán will replace Sandra Fonseca Arenas as EEB president.