Macquarie sells minority stake in Norte III to InfraRed and Invex

Macquarie Capital has sold a minority stake in Norte III, a power generation facility in Ciudad Juárez, Mexico, to InfraRed and Invex. No financial terms were disclosed. As a result of the transaction, InfraRed and Invex now hold a 35.5 percent and 10 percent stake, respectively, in Norte III. Milbank, Tweed, Hadley & McCloy LLP advised Macquarie on the sale.

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