Release 06: Gómez-Pinzón assisted Grupo Luz y Fuerza in acquiring assets from Cementos Argos
The transaction was signed on March the 16th.
Gómez-Pinzón advised Grupo Luz y Fuerza in the acquisition of three self-generating plants in Colombia, owned and operated by Cementos Argos S.A. and located in Antioquia and Boyacá.
The assets were acquired for an amount of USD $57,550,000 and will be owned and operated by Grupo Luz y Fuerza as of closing. The company will continue to supply energy to the plants through supply agreements. will own and operate the plants and will sell the energy
Grupo Luz y Fuerza Colombia S.A.S. is a company member of Grupo Luz y Fuerza, an energy-producer leader in Colombia, Guatemala, Honduras, Nicaragua, and Panamá.