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Tag

//Utility
Catalina María Cárdenas Álvarez.
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Grupo EPM Appoints Catalina María Cárdenas Álvarez as Corporate VP of User-Customer Experience Amid Restructuring

Cárdenas Álvarez holds a Business Administration degree from EAFIT & Marketing specialization from CEIPA; served as Medellín’s Citizen Services Undersecretary.
Posted On October 10, 2025
, By Editorial Staff
EPM Empresas Publicas Medellin (Photo credit: EPM)
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EPM Announces Year To Date Financial Results

As of September, EPM has transferred $1.6 billion to the District of Medellín. Q3 revenues were $9.8 billion COP
Posted On November 1, 2022
, By Loren Moss
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Fitch Downgrades EPM Credit Ratings From BBB- To BB+ After City of Medellín Credit Downgrade

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...
Posted On July 13, 2021
, By Loren Moss
Photo montage courtesy EPM
5

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 On August 17, 2020
, By Loren Moss
EPM National University Rotor Diagnostic System
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EPM and National University Receive Patent on Rotor Diagnostic System for Power Plants

A technology to monitor power generation devices, developed jointly by Medellín-based utility Empresas Públicas de Medellín (EPM) and the National University of Colombia, has received a patent in Colombia and is now seeking a patent in the United States. Along with funding from...
Posted On December 15, 2017
, By Jared Wade
(Photo credit: EPM)
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Moody’s Rates EPM’s Global Colombian Peso Notes Due in 2027 at Baa2

The notes are being issued to refinance the Medellín utility's $1.0 billion USD syndicated club deal loan due in 2020.
Posted On October 20, 2017
, By Jared Wade
EPM Empresas Publicas Medellin (Photo credit: EPM)
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Moody’s Upgrades EPM’s Ratings from Baa3 to Baa2

The upgrade reflects optimism surrounding EPM's Ituango hydroelectric plant, which is reportedly about two-thirds complete.
Posted On April 14, 2017
, By Jared Wade
eeb bogota colombia penalosa
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Ahead of Vote, Bogotá City Council Debates Mayor’s Plan to Sell EEB Shares for $1.4 Billion USD

Mayor Enrique Penãlosa wants to raise some $1.35 billion USD for transportation projects, but he is facing strong opposition from labor and the Social Party of National Unity.
Posted On October 28, 2016
, By Rodrigo Torres

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