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"From SINPRO we see with great concern how in this administration there have been repetitive changes in the EPM structure and appointments that affect the transparency and the rigors that have characterized our company."

EPM announced the appointment of JUliana Zapata Molina as VP of Human Talent & Organizational Development and Jhonatan Estiven Villada as VP of Legal Affairs.

Colombian presidential hopeful Sergio Fajardo is one of the defendants the comptroller held responsible in today’s ruling, along with former Medellín Mayor Federico Restrepo, former candidate Alonso Salazar, and former CEO of EPM / current CEO of Cementos Argos, Juan Esteban Calle.

S&P left Ecopetrol's individual standalone credit rating at 'bbb- ' with stable outlook, the company announced last week, after its acquisition of electrical grid operator ISA.

EPM’s management has been a constantly revolving door since Medellín’s Mayor Daniel Quintero took office, the utility seeing 4 CEOs in less than two years, resignation of the board of directors, and further intrigue. Now that instability appears to be affecting Afinia.

The fire reduces the facility’s output from 393 megawatts to 246 megawatts until repairs can be made. EPM reports that there were no injuries, and the cause of the fire is under investigation.

Colombian oil producer Ecopetrol has signed an agreement to purchase the Ministry of Finance & Public Credit's (Minhacienda) share of electrical grid operator Interconectado Eléctrica SA, or ISA.

“Hydropower Latin America 2020” has evolved and now includes projects from the solar, wind and water industries, renamed now as “Renewables Latin America 2021” & taking place in a Medellín convention facility.

The Barranquilla project is designed to strengthen the electricity transmission network in the Atlántico Department in northern Colombia and support the government's efforts to prevent future supply deficits.

Fitch views EPM's corporate governance as weak due to the strong influence exerted by the company's owner, the City of Medellin. EPM has an ESG Relevance Score of '4', which reflects the company's recent instability in board membership and indicates that the score has a negative...