Natural Gas Sells its Operations in Guatemala

The Natural Gas company, which currently supplies energy to 1.4 million Guatemalans, may have sold its operations in the country.

Thursday, May 19, 2011

The information was given by a source to Reuters, but the Spanish company has not confirmed it

Despite the company’s denial, an article on ElConfidencial.com’s website says the sale was to an English private equity group called Actis, for an amount close to $500 million.

As indicated in the news on Reuters.com "The company decided to sell due to constant threats faced by its executives and the growing climate of violence in the country. "

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