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Colombia will seek 4.5 trillion pesos from sale of Isagen
July 29, 2013 / 10:19 PM / in 4 years

Colombia will seek 4.5 trillion pesos from sale of Isagen

BOGOTA, July 29 (Reuters) - Colombia’s Finance Minister Mauricio Cardenas said on Monday the government would seek to raise at least 4.5 trillion pesos ($2.4 billion) from the sale of its stake in electricity generator Isagen.

The proceeds from the sale of the 57.6 percent stake would go toward investment in infrastructure projects after a new administration takes office in August 2014, Cardenas told reporters in Bogota.

President Juan Manuel Santos has hinted he wants to run for a second term next year.

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