Sale of Fenosa’s Assets in Nicaragua DeniedWhile presidential advisor Bayardo Arce announced that the Spanish company has already sold its shares in the distributor Disnorte-Dissur, an industry spokesman has denied it.Wednesday, January 16, 2013
Bayardo Arce Castano, economic adviser to the president of Nicaragua, announced yesterday that Gas Natural Fenosa had closed the sale of an 84% stake in Disnorte-Dissur-the remaining 16% belonging to the Nicaraguan state-without disclosing the buyer or the figures in the agreement. Source: LaJornada ¿Busca soluciones de inteligencia comercial para su empresa?Gas Natural Fenosa Sells Its Shares in NicaraguaFebruary 2013 The Spanish company has signed the sale agreement for $57.8 million in shares in the electricity distributors Disnorte and Dissur, to the Nicaraguan company Melfosur TSK-International. Nicaragua: Gas Natural Fenosa to Sell DistributorsDecember 2012 An announcement has been made that the Nicaraguan subsidiary of Gas Natural Fenosa will probably sell its shares in the electricity distributors Dissnorte and Dissur. Nicaragua on Board of Gas Natural - FenosaJune 2011 The government has announced that it has taken a seat on the board of the power distribution company Gas Natural-Fenosa, a subsidiary of Union Fenosa.
Nicaragua: Fenosa Would Buy Production of Future Geothermal PlantMay 2010 Gas Natural Fenosa entered into a letter of intent with Ram Power Corp to Purchase 157MW from future geothermal power plant “Casita”.
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