Published:
Guggenheim Global Infrastructure Company Leads Consortium in Acquisition of Peruvian Electric Company
MCLEAN, Va., Aug. 20 /PRNewswire/ -- Guggenheim Global Infrastructure
Company Limited (GGIC) today announced that it lead an investment group that
has acquired a controlling interest in Electro Sur Medio S.A. (ESM), an
electric distribution company inPeru. GGIC is an affiliate of Guggenheim
Partners, LLC, a diversified financial services firm with offices serving the
Americas,Europe, andAsia.
"In our opinion,Peru is enjoying one of the most stable economic growth
paths in the emerging markets: Its economy has continued to generate
impressive gains. We believe that ESM's service territory has been growing at
a rate above the national average, resulting in unmet demand that we look
forward to serving," said GGIC's CEO Thomas A. Tribone.
ESM serves customers south ofLima, Peru and has entered into an
arrangement with a leading Peruvian commercial bank to provide financing for
expansion and upgrading of its electrical distribution system.
About GGIC and Guggenheim Partners:
GGIC is focused on developing, owning and operating energy and
infrastructure projects worldwide. The firm is an affiliate of Guggenheim
Partners, LLC, a global diversified financial services firm with wealth
management, capital markets, investment management and proprietary investing
businesses. Guggenheim Partners clients are an elite mix of individuals,
family offices, endowments, foundations, insurance companies, pension plans,
and other institutions that together have entrusted the firm with supervision
of more than $100 billion in assets. Office locations includeNew York,
Chicago,Los Angeles,Miami,Boston,Philadelphia,St. Louis,Houston,London,
Dublin,Geneva,Hong Kong andDubai. Additional information can be found at
http://www.guggenheimpartners.com.
SOURCE Guggenheim Global Infrastructure Company Limited
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,FIN,UTI,TNM,VA-Guggenheim-Peru-El
Search News
Daily News
