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Mexico's IEnova raises $1.6 billion with stock offering
October 14, 2016 / 1:54 PM / a year ago

Mexico's IEnova raises $1.6 billion with stock offering

MEXICO CITY, Oct 14 (Reuters) - Mexico’s Infraestructura Energetica Nova raised 30.4 billion Mexican pesos ($1.6 billion) in a public stock offering, the company said in a statement on Friday.

The company, known as IEnova, said it sold 380 million shares, including an overallotment, at 80 pesos per share.

IEnova is a unit of U.S. firm Sempra Energy.

$1 = 18.9360 Mexican pesos Reporting by Noe Torres and Michael O'Boyle; Editing by Bernadette Baum

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