Glenfarne in exclusivity to buy Colombian gas-fired plant

18 November 2020 - 12:00 am UTC

Energy developer Glenfarne has reached an exclusivity agreement for the acquisition of the 205 MW gas-fired power generation facility Termovalle in Colombia.

Glenfarne and the sponsors of the project reached the exclusivity agreement in recent weeks, according to three sources familiar with the situation. If the transaction is completed, the plant would become part of the portfolio managed by EnfraGen, the joint venture between Glenfarne and Partners Group.

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