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Petrobras Argentina SA Announces Sale of Its Total Stakes in PFB and PEDASA to Hidroelectrica Piedra Del Aguila SA and La Plata Cogeneracion SA


Wednesday, 30 Jan 2013 04:06pm EST 

Petrobras Argentina SA announced that its Board of Directors approved the sale of its total stakes in Petrobras Finance Bermuda Ltd (PFB) and Petrobras Electricidad de Argentina SA (PEDASA) to Hidroelectrica Piedra Del Aguila SA and La Plata Cogeneracion SA, at a price of USD 35 million. PEDASA and PFB hold a 38.5% and 10%, respectively in Distrilec SA which owns a 56.36% stake in Empresa Distribuidora Sur SA (EDESUR). 

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11 Jul 2014