Hydro Quebec International Inc. and Fonds de solidarité des travailleurs du Quebec completed the sale of their interest 24.55% stake in Empresea de Generacion Eléctrica Fortuna, S.A. to an affiliate of Enel Latin America LLC for an aggregate purchase price of US$150,000,000. Davies provided external counsel for Hydro Quebec International and Fonds de solidarité des travailleurs du Quebec.
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2006