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Tag

//epm
EPM Empresas Publicas Medellin (Photo credit: EPM)
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EPM Secures $1 Billion USD Loan from Inter-American Development Bank to Build Massive Hydropower Plant

Once completed, the planted is expected to generate 13,900 megawatts of electricity per year, or 18% of the Colombia's power capacity.
Posted On January 4, 2018
, By Jared Wade
EPM National University Rotor Diagnostic System
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EPM and National University Receive Patent on Rotor Diagnostic System for Power Plants

A technology to monitor power generation devices, developed jointly by Medellín-based utility Empresas Públicas de Medellín (EPM) and the National University of Colombia, has received a patent in Colombia and is now seeking a patent in the United States. Along with funding from...
Posted On December 15, 2017
, By Jared Wade
(Photo credit: EPM)
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Moody’s Rates EPM’s Global Colombian Peso Notes Due in 2027 at Baa2

The notes are being issued to refinance the Medellín utility's $1.0 billion USD syndicated club deal loan due in 2020.
Posted On October 20, 2017
, By Jared Wade
tigo colombia tigo une
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Fitch Ratings Affirms Tigo Une’s Ratings at BBB with a Stable Outlook

"Tigo Une's solid performance has continued following its integration with Colombia Movil in 2014," says Fitch Ratings.
Posted On October 13, 2017
, By Jared Wade
EPM Empresas Publicas Medellin (Photo credit: EPM)
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Moody’s Upgrades EPM’s Ratings from Baa3 to Baa2

The upgrade reflects optimism surrounding EPM's Ituango hydroelectric plant, which is reportedly about two-thirds complete.
Posted On April 14, 2017
, By Jared Wade
EPM Colombia jorge londono de la cuesta
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EPM Announces 16% Year-Over-Year Growth So Far in 2016

EPM's Jorge Londoño De La Cuesta says Fitch's investment-grade ratings for the utility "are a demonstration of confidence in the strength of the company."
Posted On September 29, 2016
, By Jared Wade
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Post Brookfield Acquisition, Isagen’s IDRs Credit Outlook Revised to Positive: Fitch

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed Isagen S.A. ESP’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) at ‘BBB-‘, while revising the Rating Outlook Positive from Stable. Fitch has also affirmed Isagen’s...
Posted On May 9, 2016
, By Loren Moss
Big thing inside of Guatapé
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EPM Begins Multimillion Dollar Emergency Repairs on Guatapé Hydroelectric Dam After Parts Arrive From Mexico; EBITDA Hit Estimated At $35 Million USD

The third shipment of electrical cables has arrived from Mexico aboard a Ukraine-flagged, Russian-built specialized transport aircraft to make emergency repairs to EPM’s Guatapé hydroelectric generation facility after an accidental fire on February 15 in an access tunnel took the...
Posted On March 21, 2016
, By Loren Moss
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The Bonds Loans & Derivatives Andes Conference Returns To Bogotá February 23-24

For the second year in a row, Finance Colombia will be participating as a media sponsor of Bonds, Loans & Derivatives Andes, at the JW Marriott in Bogotá February 23 & 24th.  As the only conference in the Andean region bringing together Colombian and Peruvian capital...
Posted On January 19, 2016
, By Loren Moss
cropped Photo of Isagen building HQ courtesy Isagen
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An Auction of One? Only Brookfield Remains As Bidder For Tomorrow’s Pending Isagen Sale

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,...
Posted On January 12, 2016
, By Loren Moss
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