Colombia's Ecopetrol to sell ISA shares for 7,979 pesos each

miércoles 9 de septiembre de 2015 16:52 GYT

BOGOTA, Sept 9 (Reuters) - Colombia's state-owned oil producer Ecopetrol will sell its shares in electricity company ISA for 7,979 pesos per share, the government said on Wednesday, in a bid to raise 470 billon pesos ($149.8 million).

Ecopetrol is selling its 5.32 percent stake in the company to finance an investment plan. The statement from the finance and energy ministries did not specify when the sale would take place.

ISA shares closed at 7,000 pesos each on Wednesday, up 4.79 percent from the day before.

($1 = 3,138.46 Colombian pesos) (Reporting by Nelson Bocanegra; Writing by Julia Symmes Cobb)