Tag

Despite political reluctance for tax hikes, property tax adjustments may aid in covering potential revenue gaps.

The alliance’s initial phase involves selected EPM companies, targeting daily reductions of around 1.5 GWh, with plans for expansion across EPM’s subsidiaries.

Joining Analdex provides EPM with access to strategic advice on international customs, exchange, and tax logistics.

The facility includes 199,534 bifacial photovoltaic panels, installed on 2,290 solar trackers and connected to 320 inverters.

Officially, EPM quantified these underwater works as 86% complete, which has set the stage for the restoration of additional tunnels.

"The board of directors as a whole has a wide mix of profiles that will allow them to take on the challenges of the organization," said EPM.

"This equity injection, along with an agreement to rollover bank debt with Bancolombia, have allowed the company to greatly reduce its refinancing risk," stated Fitch.

EPM revealed the $983 million USD settlement sum last month after a court ordered the Colombian public utility to disclose the figure paid by its insurer Mapfre.

EPM and the French Development Agency signed a second credit contract aimed at funding EPM’s social projects.

After mismanaging contractor relationships, EPM is left without a contractor to finish its Hidroituango hydroelectric project.