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Colbún to create power services subsidiary

Bnamericas
The board of Chilean generator Colbún has decided to create a subsidiary that will provide operation, maintenance, administration and logistical services for power generation, transmission and distribution facilities on its own or for third parties, Colbún said in a filing to securities regulator SVS. The subsidiary will have initial capital of 30mn pesos, of which Colbún will provide no less than 99%. The other shareholder will be Colbún subsidiary Empresa Eléctrica Industrial, the statement said.

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