Compañía General de Combustibles

Country

Argentina, Ecuador, Venezuela

Industry

Oil & Gas

Status

Realized

Year of investment

2003

Description

Compañía General de Combustibles ("CGC") is an oil & gas producer, with E&P operations in Argentina, Venezuela, and Ecuador; additionally CGC holds equity interests in Argentina's most important gas transportation pipelines, which connect Brazil and Chile. Southern Cross acquired CGC out of bankruptcy, successfully negotiated its debt restructuring, and partnered with management to reorganize and significantly grow the company’s operations.

Compañía General de Combustibles
www.cgc.com.ar