Conelsur LT SAC agreed to acquire the Transmission Lines of 220 KV and 60 KV from Chinango S.A.C and Edegel SAA (BVL:EDEGELC1) for $60 million on July 19, 2016. The transaction is subject to approval by competent authorities and is expected to complete on October 1, 2016. Conelsur LT S.A.C. completed the acquisition of Transmission Lines of 220 KV and 60 KV from Chinango S.A.C and Edegel SAA (BVL:EDEGELC1) on November 23, 2016.