March 22, 2013 / 7:45 AM / 4 years ago

Mexican unit of Sempra Energy launches IPO

MEXICO CITY, March 22 (Reuters) - Infraestructura Energetica Nova, the Mexican unit of U.S. energy company Sempra Energy, launches its initial public offering (IPO) on Friday a day after setting a price of 34 pesos on the shares.

The company is selling 218 million shares, planning to raise as much as 7 billion pesos ($566.3 million) for general corporate purposes including expansion plans.

Sempra Energy has operated in Mexico for more than 15 years.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below