# So Energy International acquires 51% of Stoneway Energy for $200M

So Energy International bought a 51% stake in Stoneway Energy for about $200 million. The acquisition triples So Energy's construction of new power plants in Argentina, with 800 MW under installation and a total investment of $700 million.

- Type: Acquisition
- Announced: 2017-01-18
- Where: Matheu, Lujan, Salto, Rio Tercero, Las Palmas, San Pedro, Argentina
- Value: $200.0M
- Status: announced
- Capacity: 800 MW (new), 1,100 MW total
- Products: electricity
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (partner)
- [So Energy International](https://endata.com/companies/21533.md) (acquirer)
- [Stoneway Energy](https://endata.com/companies/21534.md) (target)

## Sources

- [notasdeactualidad.com.ar](https://notasdeactualidad.com.ar/la-empresa-so-energy-amplia-su-participacion-en-la-generacion-de-energia-en-el-pais/), 2017-01-18: "So Energy International compro recientemente el 51% de Stoneway Energy... valuo en el orden de los 200 millones de dólares"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.