Fintech has acquired the stake formerly held by US energy group AEI, and will provide long-term financing for a range of renewables projects Emgasud is building under contracts from Argentina's government, says the developer.
Emgasud's other main shareholder is Argentine entrepreneur Alejandro Ivanissevich, who owns 45% of the company.
In a filing to the Buenos Aires stock exchange, Emgasud says Fides, a holding group owned by Ivanissevich, bought 20 million shares in Emgasud, nominally worth $1 each, representing AEI’s 42.7%
