Company News Sep 10, 2021 4:45 PM
Celsia’s Board of Directors requested authorization from the Superintendencia Financiera (SFC) to enter into a share purchase agreement with VIP Green Mobility SARL.
VIP Green Mobility will sell 100% of its shareholding in Celsia Move S.A.S. for CoP$122.5B, La Republica reported.
The company reported that the closing of the transaction will be before the end of the year.
Celsia Move S.A.S. is the vehicle company 100% owned by Celsia through which the Concession Contract is being developed for the provision of a fleet of 120 electric vehicles to serve the Functional Unit 2 “Fontibón I”, associated to the areas of the Integrated Public Transportation System (SITP) of Bogotá.
With Celsia Move, the company promoted the arrival of electric mass transportation options in the country. It is now entering a new stage focusing on the development of infrastructure and electricity supply for different sustainable mobility initiatives in the country.