Promigas Expands its Energy Footprint with Zelestra Latam Acquisition
Energy company Promigas has expanded its operations to Chile by acquiring Zelestra Latam, a renewable energy generation platform. The acquisition is valued at $1.1 billion and marks Promigas' commitment to strengthening its footprint in the Latin American energy market.
Promigas, an energy company operating in Peru and Colombia, has successfully completed its expansion into Chile. The expansion comes through the acquisition of Zelestra Latam, a prominent player in renewable energy generation.
The acquisition of Zelestra Latam was announced on Thursday, carrying a significant value of $1.1 billion. This move underscores Promigas' strategic efforts to amplify its presence and capabilities within the regional energy sector.
This development signals Promigas' ongoing commitment to investing in renewable energy solutions and enhancing its influence across Latin America's diverse energy markets.
(With inputs from agencies.)
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