I Squared Capital, through its ISQ Global Infrastructure Fund II, has entered into an agreement to acquire the Latin American and Caribbean businesses of Inkia Energy Limited, a wholly-owned subsidiary of IC Power Ltd.
The transaction includes only the LatAm Businesses. IC Power’s Israeli asset, OPC Energy Ltd., is not being sold as part of the transaction.
One of the largest independent power producers in Latin America, Inkia has a highly contracted portfolio of approximately 3.4 gigawatts of gross installed capacity in nine countries, with a fleet of highly efficient hydroelectric, wind and thermal facilities across the region. The company also owns an electricity distribution company servicing approximately 1.7 million customers. Headquartered in Lima, Inkia is the second largest power producer in Peru (based on installed capacity).
