Empresa de Energia de Bogota in Sale of $400 Million Stake in Gas Transportation Company

Cleary Gottlieb represented the Empresa de Energia de Bogota (“EEB”), the Colombian energy group controlled by the municipal government of Bogota, and its subsidiary Transportadora de Gas Internacional (“TGI”), one of Colombia’s principal gas transportation companies, in a $400 million private equity minority investment in TGI by affiliates of Citi Venture Capital International. The transaction closed on March 2.