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EPM Signs New Credit Agreement With French Development Agency To Finance Community Projects
EPM and the French Development Agency signed a second credit contract aimed at funding EPM’s social projects.
Posted On March 17, 2023
Tag
//empresas publicas de medellin
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Maximum Uncertainty As EPM Declares Chinese-Colombian Consortium Ineligible for Hidroituango Project
After mismanaging contractor relationships, EPM is left without a contractor to finish its Hidroituango hydroelectric project.
Posted On March 8, 2023
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Medellín Mayor Daniel Quintero, EPM Head Jórge Andrés Carrillo Under New Prosecutorial Investigation
Prosecutors are investigating whether Quintero & Carrillo caused or allowed insurance coverage to lapse on the $5 billion hydroelectric dam.
Posted On January 10, 2023
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Hidroituango Hydroelectric Dam Is Finally Producing Electricity
Hidroituango is the newest of EPM’s 19 hydroelectric dams.
Posted On December 20, 2022
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EPM Falls Victim To Ransomware Attack
4,000 workers were sent home, and at least 304,000 utility customers in 125 municipalities are affected.
Posted On December 14, 2022
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Chinese Consortium Sole Bidder To Finish EPM’s Hidroituango
2 years ago, the president of EPM's largest union told Finance Colombia the mayor wanted a Chinese firm to replace the consortium.
Posted On December 7, 2022
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EPM Postpones Hidroituango Bid Opening For A Fifth Time; Now Cites “Insurance Difficulties”
Whatever contractor that wins the bid will likely do so at a price that takes into account the added uncertainty and liability.
Posted On November 8, 2022
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EPM Announces Year To Date Financial Results
As of September, EPM has transferred $1.6 billion to the District of Medellín. Q3 revenues were $9.8 billion COP
Posted On November 1, 2022
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EPM Awards Hidroituango Contract To Schrader Camargo S.A.S.
EPM is changing contractors in the middle of the Hidroituango hydroelectric project, ousting the consortium that initially won the contract.
Posted On November 1, 2022
Colombia Business News Recap – Halloween 2022 Edition (Scary Stuff!)
This past week: Nationwide protests, the falling peso, land redistribution, Ecopetrol, Petro's pal Lula, Quintero's Hidroituango crisis, & more!
Posted On October 31, 2022
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