Actis suspends Echoenergia sale amid COVID-19 crises

22 April 2020 - 12:00 am UTC

Actis has suspended attempts to sell the power generator Echoenergia​​​​​​, two sources briefed on the situation told Inframation.  

The COVID-19 crisis paralyzed the deal but it should resume when market uncertainties are overcome, one of the sources with knowledge of the negotiations said.

Sell side advisor BTG Pactual has already had a number of potential purchasers sign NDAs, according to the same source.

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