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Latin American Power Giant Eyes ‘Aggressive’ Bet on Green Energy

May 22, 2020, 5:59 PM

Electricity utility Interconexion Electrica SA is expanding its network of power transmission lines in Latin America to provide a backbone for the increase in renewable energy in the region.

ISA, as the company is known, will be “aggressive” in bidding on lines connected to renewable generation, which can be funded by the sale of sustainable debt, Chief Executive Officer Bernardo Vargas said in an interview. The investment-grade company has no immediate plans to sell debt, but it is monitoring capital markets in case of opportunities, such as an acquisition, he said.

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