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Brookfield Gets Additional US$32.3m for Exit of EBSA to Northland Power

20 July 2020

Brookfield Asset Management received an additional US$32.3m for the sale of shares of electricity distribution company Empresa de Energía de Boyacá (EBSA) to Canada’s Northland Power.  In 2019, Northland acquired a 99.2% interest in EBSA from Brookfield and BCIF Holdings Colombia II. 

(Latin Finance) Canadian asset management firm Brookfield has received an extra COP118 billion ($32.3 million) from the sale of shares in Empresa de Energía de Boyacá (EBSA) to Canada’s Northland Power, according to a securities filing.

Read more at Latin Finance.