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Brookfield Infrastructure Completes Sale of Chilean Regulated Transmission Business for US$1.3 Billion
Goodmans LLP represented Brookfield Infrastructure in the sale of its approximate 28% stake in ETC Transmission Holdings S.L., the parent company of Transelec S.A., to China Southern Power Grid International (HK) Co. Ltd. for US$1.3 billion. Transelec is the largest pure play power transmission company in Chile, with over 10,000 kilometers of electricity lines serving approximately 98% of the Chilean population.
Brookfield Infrastructure Partners is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, energy and communications infrastructure sectors across North and South America, Asia Pacific and Europe.