Argentina’s Top Power Firm Sells Silver Stake for Six Times What It Paid
Central Puerto, Argentina's largest private electricity generator, sold its 9.9% stake in AbraSilver for US$163.1 million, a 6.4x gain on its US$25.5 million investment. The proceeds will be distributed as a special dividend. The sale is unrelated to RIGI tax benefits, according to the company. Shares fell 7.04% on the dividend record date. Central Puerto trades in Buenos Aires and New York.






