Finance Colombia » hydroituango

EPM’s Hidroituango Mediation Talks With Contractors Collapse, Warring Lawsuits Filed

While EPM seeks a litigation jurisdiction of Antioquia Administrative court, the consortium is countersuing in an international court, away from potential political influence in Antioquia’s capital of Medellín.

Posted OnJanuary 18, 2021

, ByLoren Moss

Turbine Replacement Begins At EPM’s Hidroituango Dam

After manufacturing, the units had to be shipped from Santos, Brazil to Colombian ports in the Caribbean, then deployed over roads as oversized cargo to the rural site of the Hidroituango hydroelectric dam in northern Antioquia.

Posted OnJanuary 18, 2021

, ByLoren Moss

Colombia’s Comptroller General Announces Charges Against Politicians & Board For Hidroituango Failures

According to the comptroller, these 28 individuals would be responsible for economic losses exceeding $400 million USD. Among those individuals are former EPM general managers Federico Restrepo and Juan Esteban Calle; former mayors of Medellín Anibal Gaviria & Fabio Salazar, and...

Posted OnDecember 8, 2020

, ByLoren Moss

Hidroituango spillway photo courtesy EPM

EPM’s Hidroituango: New Report By Independent Geological Engineering Expert Challenges Existing Narrative

This is the abridged version of a new independent technical study of the Hidroituango Hydroelectric Dam project tunnel collapse on Colombia's Cauca River by Canadian geological engineering expert Dean Brox. According to Mr. Brox, serious design flaws and critical decisions led to...

Posted OnOctober 5, 2020

, ByDean Brox

From Tomato-Thrower To Banana Republican, Can Medellin’s Mayor Daniel Quintero Learn Good Governance (Please?): Op-Ed

Only 8 months into his term as mayor of Medellín, tomato-throwing Daniel Quintero has managed to unite Paisas from labor unions to corporate giants against him.Multiple boards of directors have resigned, and Fitch has downgraded the city-owned utility's credit, citing 'governance...

Posted OnSeptember 1, 2020

, ByLoren Moss

EPM’s Board of Directors Resign En Masse, Creating Crisis For Mayor Daniel Quintero

The board’s resignation left the utility’s CEO, Álvaro Guillermo Rendón trying to explain to the media and public why the entire board of directors resigning or the mayor’s actions are nothing to worry about.

Posted OnAugust 17, 2020

, ByLoren Moss

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US Government Experts Assess HidroItuango & Rio Cauca Environmental Conditions By Invitation of Colombia’s National Environmental Licensing Authority

At the behest of Colombia’s National Environmental Licensing Authority (ANLA) scientists from the United States government spent two weeks in Colombia observing and analyzing the environmental impacts of the Hidroituango contingency, the troubled hydroelectric dam construction...

Posted OnJuly 30, 2019

, ByLoren Moss

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