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Isagen will issue the AAA-rated ordinary bonds on September 13 through the Colombia stock market in a Dutch auction.

The Medellín utility credits the poor results largely to an El Niño-related drought that plagued Colombia in the early part of 2016.

While the uptick provided much needed revenue for the government, the news isn't so positive outside of the one $2 billion sale of a state-owned utility.

The Colombian government has no plans to draw on the credit line but wanted an increase from the previous $5.4 billion USD available as a precautionary measure.

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...

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...

Monday at 10 am, in Medellín’s Plaza Mayór, during a special shareholder’s meeting called by BRE Colombia Investments LP, a new board of directors was seated for Medellín-based Colombian energy producer Isagen. BRE Colombia Investments LP is the majority shareholder of Isagen...

Brookfield Renewable Energy Partners L.P. (TSX:BEP.UN)(NYSE:BEP) has committed to acquire 57.6% of the outstanding common shares of Medellín based Isagen S.A. (BVC:ISAGEN) from the Colombian government. In an auction held at 8am today that had only Brookfield as a bidder, the...

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,...

UPDATE: According to Colombia Reports, Chile’s Colbun drops out of bidding for Colombia’s Isagen on Monday, January 11, 2 days before the slated auction After a series of debates in Congress and conflicting positions between Colombian political parties, the Colombian...