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Sunday, October 13

Forbes / Reuters Peru's Edegel lines sale to help ease debt crunch: "Enersis S.A., which controls Endesa Chile, said earlier this week it was mulling selling some of Edegel's transmission lines to help ease debts of $10.8 billion. That sum includes a $1.4 billion loan payment to Enersis' parent, Spain's largest power group, Endesa." A lot of foreign companies that bought into the Peruvian privatization of state enterprises now have to offload debt to weather the downturn of the regional economy.



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