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The Reliability Charge is intended to incentivize power generators to expand and diversify power capacity.

Established in 1995, ISAGEN operates a diversified portfolio comprising 15 hydroelectric plants, 10 solar plants, and two wind farms.

Electric generation firms are in a good position after they "successfully weathered low hydrology conditions...with only moderate impacts on profitability and liquidity."

Isagen states that its motivations are to continue to strengthen its generation matrix, making it more resilient to climate change and contributing to the country's energy transition.

The sovereign downgrade reflects the deterioration of the public finances with large fiscal deficits in 2020-2022, a rising government debt level, and reduced confidence around the capacity of the government to credibly place debt on a downward path in the coming years.

S&P says it may downgrade these companies in case of a similar rating action on Colombia. The firm could lower the sovereign ratings if the potential long-term damage caused by the pandemic, other domestic developments, or new external shocks, prevent the Colombian economy from...

The big question is what Fitch (BBB-) & Moody's (Baa2) chose to now do. Will they wait to see what is contained within 'Tax Reform II' when it is resubmitted? The issue is that there is little clarity on when that will be. Congress will shut down for the holidays in just over a...

Colombian power generator Isagen has announced the acquisition of its first two solar plants in Colombia. The Llanos 4 and Llanos 5 plants are located in Puerto Gaitán, Meta with 27.4 MWp* and 25 MWp respectively. The solar facilities are expected to be operational in early 2022....

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...

Luis Fernando Rico, former general manager of another Colombian utility giant, Isagen along with the general manager of Colombian weekly newsmagazine Semana both rejected Quintero’s appointments, joining Claro Colombia CEO Juan Carlos Archila and Grupo Santo Domingo’s Alberto...