The first unit of Punta Catalina will begin operation by the end of February 2019, not in January as the government had originally announced. Meanwhile, the government is making progress on the plans to sell a good part of the plant to private investors.
The Ministry of Hacienda has announced that they have chosen the company Guggenheim Securities to work on the design of a potential budget to sell shares in the plant. Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners. Diario Libre reported in its 9 January 2019 issue that the company will charge 0.9% of the total sales operation.
The first unit of Punta Catalina was due to begin operation at the end of this month but has been delayed while the pipes are checked, as well as the synchronization of the equipment takes place, as reported in Diario Libre.
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Hacienda
Diario Libre
Diario Libre
Guggenheim Partners
Diario Libre
9 January 2019
