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Niagara Energy buys an additional 5.12% of Orygen Perú for USD 117.2 million

FinanceInternationalLexLatin35 s readAI summary
Image: LexLatin

Niagara Energy, a company of Peru's Grupo Romero, acquired an additional 5.12% stake in power generator Orygen Perú for USD 117.2 million. The transaction took place on the Lima Stock Exchange through a tender offer for 7.06% of the shares held by minority investors, valued at USD 161.5 million, and ran from September 9 to October 6. In March, Grupo Romero had completed the purchase of 92.35% of Orygen, formerly Enel Perú.

In 35 seconds

  • Niagara Energy paid USD 117.2 million for an additional 5.12% of Orygen Perú.
  • The tender offer targeted 7.06% of minority shares, valued at USD 161.5 million.
  • The transaction was executed on the Lima Stock Exchange between September 9 and October 6.
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IASummary generated by artificial intelligence from a story by LexLatin. It may contain errors: the original source prevails.

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