Actis Sells Globeleq Mesoamerica Energy to Corporacion Multi Inversiones (Latin America)

Source: Actis

Growth markets investor Actis and investment management firm Mesoamerica have sold their 100 percent stake in Costa Rica-based renewable energy company Globeleq Mesoamerica Energy (GME) to Guatemala-based conglomerate Corporacion Multi Inversiones. Actis originally acquired a 70 percent stake in GME in 2010. GME has an operating capacity footprint of 394 megawatts across assets in Costa Rica, Honduras and Nicaragua. Financial details of the transaction were not disclosed.