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//epm
The space where turbines 5-8 will eventually go, once a contractor is selected and insurance is found. (photo: Loren Moss)
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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
, By Loren Moss
EPM Empresas Publicas Medellin (Photo credit: EPM)
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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
, By Loren Moss
Hidroituango Unit 3
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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
, By Loren Moss

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
, By Loren Moss
Mayor Quintero plays Captain Planet for adoring foreigners. (photo: Twitter)
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Medellín Mayor Daniel Quintero Pretends To Ban Gasoline Vehicles – To Win Friends And Influence Abroad?

Quintero is pretending to make laws for a mayoral administration 3 terms into the future. Why would he do this?
Posted On October 25, 2022
, By Loren Moss
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More Turmoil As EPM Cancels 3rd Hidroituango Press Conference, Postpones Bid Date 4th Time: Medellin’s Mayor Quintero Blames ‘Rats’

Friday, a press conference due to be held at the 2,400 megawatt, $5 billion USD Hidroituango hydroelectric dam featuring Medellín’s Mayor Daniel Quintero was canceled just hours before it was to take place. This was the third consecutive press conference to discuss the project’s...
Posted On October 16, 2022
, By Loren Moss
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What Jumps Out: Up Washington Way

A Colombian government delegation was in Washington this week meeting with IMF, World Bank and US officials.
Posted On October 14, 2022
, By Rupert Stebbings
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What Jumps Out: The Week Ahead

The Peso closed Friday at $4622 close to record lows after Thursday President Petro made mention of taxing "hot money."
Posted On October 11, 2022
, By Rupert Stebbings
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What Jumps Out: Petro at the UN

President Petro is in NY to address the UN on climate change and sustainability
Posted On September 19, 2022
, By Rupert Stebbings
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What Jumps Out: An Eclectic Week

It has, thus far, been a week of general weakness in the equity market and a Peso that has been led around by the nose, by global events.
Posted On September 16, 2022
, By Loren Moss
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