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Sale of Electricity Transmission Lines

13th Jul 2018 07:06

RNS Number : 5589U
Antofagasta PLC
13 July 2018
 

NEWS RELEASE, 13 JULY 2018

 

 

SALE OF ELECTRICITY TRANSMISSION LINES

CENTINELA SELLS NON-CORE ASSETS

 

 

Yesterday Antofagasta plc's (the "Company") subsidiary Mineral Centinela announced the sale of Centinela Transmisión, the company that holds its electricity transmission lines, for $117 million.

 

Ivan Arriagada, the CEO of Antofagasta plc, commented: "This sale is consistent with the Group's strategy of disposing of its water and energy assets. This allows us to focus on our core business of producing copper safely and profitably, while also taking advantage of any organic growth opportunities that may arise".

 

Further details of the sale can be found at www.aminerals.cl.

 

 

 

 

 

 

 

 

 

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Investors - London Media - London

Andrew Lindsay [email protected] Carole Cable [email protected]

Telephone +44 20 7808 0983 Telephone +44 20 7404 5959

Andres Vergara [email protected] Will Medvei [email protected]

Telephone +44 20 7808 0988 Telephone +44 20 7404 5959

 

Investors - Santiago Media - Santiago

Francisco Veloso [email protected] Pablo Orozco [email protected]

Telephone +56 2 2798 7000 Carolina Pica [email protected]

Telephone +56 2 2798 7000

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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