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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.

Hidroituango is the newest of EPM’s 19 hydroelectric dams.

The first alert indicates that in 100 municipalities of Colombia the authority of the state is collapsing in a dangerous way.

Colombian presidential hopeful Sergio Fajardo is one of the defendants the comptroller held responsible in today’s ruling, along with former Medellín Mayor Federico Restrepo, former candidate Alonso Salazar, and former CEO of EPM / current CEO of Cementos Argos, Juan Esteban Calle.

Fitch views EPM's corporate governance as weak due to the strong influence exerted by the company's owner, the City of Medellin. EPM has an ESG Relevance Score of '4', which reflects the company's recent instability in board membership and indicates that the score has a negative...

When the catastrophic flooding occurred on April 18, 2018, 18 transformers had been installed, but were submerged for 9 months when engineers had to flood the power generation chamber to save the rest of the structure. This left the transformers completely destroyed,...

EPM's General Manager Alvaro Guillermo Rendón has been given 5 days to respond to a subpoena from Colombia's human rights tribunal, which has been seeking information regarding EPM's handling of the remains of conflict victims at its troubled Hidroituango dam.

After the entire board of directors resigned in protest of Medellín Mayor Daniel Quintero's usurpation of board prerogative and corporate governance, international ratings firm Fitch has downgraded EPM's credit rating, and placed it on a negative ratings watch.

Free webinar August 26: Hydropower of Latin America: implementation of HPPs construction and modernization projects 11 am Colombia time Organizer: Vostock Capital Website: https://www.latinamericahydrocongress.com/en/webinar

Fitch Ratings has assigned a long-term 'BBB' rating to Empresas Publicas de Medellin E.S.P.'s (EPM) proposed senior unsecured U.S. dollar debt issuance that matures in 2031. Fitch has also assigned a long-term 'BBB' rating to the company's proposed reopening of its 8.375% senior...