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Infraestructura Energetica Nova SAB de CV (IENOVA.MX)

IENOVA.MX on Mexico Stock Exchange

23 May 2018
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Latest Key Developments (Source: Significant Developments)

IEnova to lower book value of plant by $50-90 mln
Friday, 30 Sep 2016 

Infraestructura Energetica Nova SAB de CV (IEnova) : Said on Thursday, has recently obtained information related to the sale of its energy plant Termoelectrica de Mexicali indicating that the market value of the plant may be lower than its book value .As a result, resolved to adjust book value of the plant as of Sept. by between $50-90 million after taxes.  Full Article

UPDATE 1-Mexico's IEnova to invest $130 mln in Baja California fuel terminal

MEXICO CITY, April 12 Mexican energy infrastructure firm IEnova, a unit of U.S.-based Sempra Energy, will invest about $130 million to develop a refined products terminal in the northern border state of Baja California, the company said in a statement on Thursday.