China’s Yangtze Power buys 83.6% stake in Peru’s Luz Del Sur for $3.59b

China’s Yangtze Power buys 83.6% stake in Peru’s Luz Del Sur for $3.59b

Luz Del Sur S.A.A (LDS)

China Yangtze Power Co.,Ltd (CYPC) has completed the acquisition of 83.6 per cent stake in US energy infrastructure giant Sempra Energy’s Peruvian unit Luz Del Sur S.A.A (LDS) for $3.59 billion, according to an announcement.