(Tecpetrol, 23.Feb.2017) — Buenos Aires-based Tecpetrol S.A. announced on February 22, 2017 acquisition of a 20% interest in Parque Eólico Pampa S.A. from GEA-GEO Energy Alternatives S.A. for $75,000.
Tecpetrol later sold its interest in Parque Eólico Pampa S.A. on October 18, 2017, for $1,014,000, of which $50,000 was collected on the execution date of the agreement. The remaining amount, subject to certain clauses, is expected to be collected by January 2, 2020, announced Tecpetrol in a financial statement on its website.
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