Colombian Electric Company Looking to Invest in C.A.

The Colombian company Isagen would invest in El Salvador, Guatemala and Panama.

Friday, July 10, 2009

Isagen sees a potential market in these countries because of the high growth in energy demand. The mixed state-private capital company is betting on energy generation and commercialization.

Armando Gómez, internationalization manager of the company, was quoted by La Prensa Gráfica: "We are studying new ventures abroad, and we have identified hydroelectric generation projects as feasible. However we are also considering alternatives like thermoelectric generation, but that will depend on the availability of fuels."

More on this topic

Panama Needs More and Better Power

March 2013

Panamanian businessmen believe there is a high chance of interruptions to the supply of electricity, due to lack of sufficient generation.

"We have raised this issue of great importance, since Panamanians are interested in having in the future sufficient power and at good prices, and we have significant growth, not only in the area, but worldwide, and that growth should respond to the inputs that the country needs in order to be competitive," said Roberto Troncoso, president of the Panamanian Association of Business Executives (Apede).

British Interested in Energy Investments

September 2012

The British group Actis, with investments in Guatemala, El Salvador and Panama, among others, has expressed interest in investing in the energy sector in Nicaragua.

Michael Harrington and Nicollas Escallon, company representatives held meetings with the President of AmCham Nicaragua, Yali Molina Palacios, who said the country has "significant potential for investment in various areas, such as energy" and offered his support to Actis, which he described as "a world-class company."

Colombians Announce Energy Investments

April 2012

Panama is a primary destination in the investment plans involving Latin America energy projects for the company Celsia, formerly known as Colinversiones.

Celsia has 800,000 million pesos ($ 450.57 million) available for new investments and about $200 million in assets that could be sold if necessary, said company president, Juan Guillermo Londoño.

El Salvador: Electrobras Interested in Investing

October 2010

The Brazilian state company could invest together with local authorities and private agents.

Dr. Nivaldo J. Castro, coordinator of the Research Group of the Electricity Sector (Gesel), revealed the information to La Prensa Grafica. The executive is in the country making a diagnosis of the electricity sector and possible expansion.

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