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Isagen Surges as Colombia Courts Duke for Stake: Bogota Mover

Isagen SA, the operator of Colombia’s largest hydropower plant, rose to a record after the governnment said it was courting buyers including Duke Energy Corp. for its majority stake in the electricity company.

Isagen gained 1.8 percent to 2,770 pesos at 12:43 p.m. in Bogota, the highest price on a closing basis since the government sold a portion of its stake in an initial public offering in 2007.