Argentina energy producer Genneia weighs IPO

By Kitco News / January 17, 2018 / www.kitco.com / Article Link

BUENOS AIRES, Jan 17 (Reuters) - Argentine thermal and renewable energy producer Genneia SA will consider an initial public offering on the local or international stock market, the company said in a letter to the Buenos Aires stock exchange on Wednesday.

The proposal will be discussed at a shareholders meeting on Feb. 7, said the letter from the company, which currently is privately owned.

Genneia owns seven thermal plants in Buenos Aires and Entre Rios provinces and a wind power park in the Patagonian province of Chubut. Last October, it announced plans to provide cement producer Loma Negra Compania Industrial Argentina SA with renewable energy through 2037.


(Reporting by Walter Bianchi; Writing by Luc Cohen; Editing by Jonathan Oatis)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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