Cleary Gottlieb is representing 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 matter is expected to close during the first quarter of 2011.