The overall spending plan prioritizes projects focused on modernizing infrastructure, expanding service coverage, and optimizing operational efficiency.
The mayor of Medellín, Federico Gutiérrez, celebrated the closure of the Hidroituango tunnel alongside Andrés Julián Rendón, governor of Antioquia, and John Maya, EPM’s manager.
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.
Despite having lowered the requirements on the behest of the bidding consortium, the EPM has rejected one of the companies in them due to allegedly not meeting them anyways.