IMAP is pleased to announce that Inverlink (IMAP Colombia) advised Haina Investment Company (HIC) on the acquisition of Termoyopal Generación and Termoyopal Gas; both of which are devoted to power generation and the commercialization of LPG and Naphtha in Colombia.
Termoyopal Generación has an installed capacity of 150 MW consisting of 3 units of 50 MW, supplied by natural gas. It has an additional 50 MW in operation with legacy units as backup to the electric system. Termoyopal Generación is the most contracted and dispatched thermal power plant in the country.
Termoyopal Gas is a gas drying plant with a processing capacity of 42 million cubic feet of natural gas per day. It is the second largest LPG producer and one of two Naphtha producers in Colombia.
The acquisition of Termoyopal represents HIC's first investment outside the Dominican Republic in the energy sector and will enable the company to implement its growth strategy in Colombia.
The Inverlink (IMAP Colombia) team, led by Nicolás Gómez, acted as financial advisor to HIC throughout the acquisition process.