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Air-E, serving 1.2 million users in Colombia's Caribbean coastal region, is now under government intervention due to financial instability and high losses.

Retail gas prices surged in Colombia, with Vanti hiking Bogotá rates by 36% and EPM raising Medellín's by 21%.

Fitch has affirmed Aguas Regionales EPM S.A. E.S.P. at 'AA-(col)' with a stable outlook, removing the negative watch. Emvarias also affirmed at 'AA+(col).

Afinia's new leader brings extensive EPM experience in talent, tech, and more.

"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’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.

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...

The letter of resignation came just hours after a contentious press conference where Calderón wished to discuss his investment plan, but the press, including Finance Colombia, wished to delve into the numerous gaps and inconsistencies in his qualifications.

According to Rendón on radio interviews he gave with Colombian radio stations Blu Radio and W Radio, Mayor Quintero has led a hostile takeover of EPM. In the interviews, Rendón accused the mayor of attempting to install his private secretary, Camila Villamizar, on various EPM...

Ruíz has spent the last 24 years of her career at EPM, where she has held multiple posts including Director of Energy Regulation, and Executive Vice President of Business Management.