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Patria Investments Ltd has announced the sale of 100% of its stake in Puerto de Oro, Colombia’s largest solar energy park, to ISAGEN.
The solar plant is fully operational and supplies electricity to more than 390,000 homes in Colombia.
Patria Investments (PAX) has drawn fresh attention after its recent share price slide, with the stock down over the past month and past 3 months despite positive reported revenue and net income growth. Over a longer window, Patria Investments has had a weak run, with the share price down sharply year to date and the 1 year total shareholder return also in decline. This points to fading momentum as investors reassess both growth prospects and risk. Compare Patria Investments with a curated...
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