November 18, 2013 / 1:55 PM / 4 years ago

Colombia to begin sale of Isagen majority stake on Tuesday

BOGOTA, Nov 18 (Reuters) - Colombia will on Tuesday begin the sale of its majority stake in the nation's third-biggest electricity generator Isagen, Deputy Finance Minister Andres Restrepo told Reuters.

On completion, the sale of the 57.6 percent could raise as much as 5 trillion pesos ($2.6 billion), the government has said.

Proceeds from the sale are earmarked for investment in infrastructure after a new administration takes office in August 2014.

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