Deals

I Squared Explores Sale of Inkia Energy in Latin America

  • Power generator may fetch more than $2 billion if divested
  • I Squared acquired Inkia in 2018 more than $1 billion
Photographer: Jose Sarmento Matos/Bloomberg
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I Squared Capital is exploring a sale of its Latin American power producer Inkia Energy, according to people with knowledge of the matter.

The Miami-based infrastructure-investment firm is considering selling the company as a whole or in parts, said the people, asking not to be named because the matter is private. Inkia could attract energy companies and infrastructure investors and fetch more than $2 billion, one of the people said.