The Rohatyn Group Exits Transportadora de Gas Internacional for US$880 Million (Latin America)

Source: The Rohatyn Group

Emerging markets-focused investment firm The Rohatyn Group (TRG) has sold its minority stake in Colombia-based natural gas transportation company Transportadora de Gas Internacional (TGI) to majority shareholder Colombia-listed energy holding company Empresa de Energia de Bogota for US$880 million. The transaction was structured through TRG Growth Fund II. TRG Growth Fund II originally acquired a minority stake in March 2011 to finance an expansion of TGI’s pipeline system.