The Saesa Group is involved in major electric distribution and transmission businesses with 638,000 customers and a total of 118MW of wind, hydro, diesel and gas electric generation capacity.
Matthew McGrath, president of PSEG Global, said: The Saesa Group of companies has grown rapidly and we are pleased with the dramatic improvement in operations over the last two years in particular. These are very good companies in high growth areas. The market today is providing attractive valuations for quality Latin American electric distribution companies.
