MEXICO CITY, Sept 12 Mexico's Infraestructura
Energetica Nova (IEnova) aims to raise more than $1 billion in a
secondary share offering in October, three people with knowledge
of the matter said, in what would be one of the biggest local
equity placements in recent years.
A unit of U.S. firm Sempra Energy, IEnova has hired
Credit Suisse and JP Morgan to underwrite the offer that will
help it fund major investments, according to two of the people,
who declined to be named as the offering is not yet public.
A spokeswoman for IEnova declined to comment.
Credit Suisse and JP Morgan also declined to comment.
(Reporting by Christine Murray and Alexandra Alper)