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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.

A subsidiary of the company has partnered with a Chinese entity that has secured a $200 million USD letter of intent to finance the project.

Rutty Paola Ortiz was introduced today as Colombia's new Vice Minister of Mines and Energy by Germán Arce Zapata, the nation's Minister of Mines and Energy.

The construction phase is expected to last 39 months, and the company will operate the transmission system for 25 years.

After Colbun dropped out of bidding last Friday (causing Colbun’s stock to rally strongly, up of 3.2%), only one bidder remains in contention for tomorrow’s January 13 auction for Colombian government controlled power producer, Isagen. Isagen is the third largest energy producer,...

UPDATE: According to Colombia Reports, Chile’s Colbun drops out of bidding for Colombia’s Isagen on Monday, January 11, 2 days before the slated auction After a series of debates in Congress and conflicting positions between Colombian political parties, the Colombian...