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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.

When the catastrophic flooding occurred on April 18, 2018, 18 transformers had been installed, but were submerged for 9 months when engineers had to flood the power generation chamber to save the rest of the structure. This left the transformers completely destroyed,...

The board’s resignation left the utility’s CEO, Álvaro Guillermo Rendón trying to explain to the media and public why the entire board of directors resigning or the mayor’s actions are nothing to worry about.

The notes are being issued to refinance the Medellín utility's $1.0 billion USD syndicated club deal loan due in 2020.

Fitch highlighted Isagen's improving leverage position and "adequate" liquidity levels "supported by a healthy cash balance" and "manageable debt structure profile."

Moody's said its decision was based on having "insufficient or otherwise inadequate information to support the maintenance of the rating."

The upgrade reflects optimism surrounding EPM's Ituango hydroelectric plant, which is reportedly about two-thirds complete.

Bioenergy, operating from its El Alcaraván plant in the department of Meta, is currently storing its ethanol as it ramps up toward its target production goal.

The funding calls for CAF to develop the project jointly with German development bank KfW.

Mayor Enrique Penãlosa wants to raise some $1.35 billion USD for transportation projects, but he is facing strong opposition from labor and the Social Party of National Unity.