Colombia's Interest in Energy Sector in Central America

Hydroelectric projects and expansion of distribution networks are part of the opportunities that Colombian Power firms are looking to take advantage of in the Isthmus.

Wednesday, June 18, 2014

There are now three Colombian energy sector companies that have decided to venture into Central America to be part of the development of an activity that still has much room for growth in the region.

As well as EPM Energy, which also has a presence in Guatemala, El Salvador and Panama and which has announced the opening of a branch in Costa Rica, the company "...Grupo de Energía de Bogotá, which has control of EEB Ingeniería y Servicios S.A, Eebis, and of Transportadora de Energía de Centroamérica S.A., Trecsa has "also visualized the opportunities offered by the region and set up an operation in Guatemala. This firm "... is responsible for the construction of 850 kilometers of transmission lines and the expansion and construction of 24 substations in the country."

Portafolio.co reports that "....The other Colombian firm with big bets in the Central American Electricity sector is Interconexión Eléctrica S.A., ISA, which has an 11.1 percent stake in Empresa Propietaria de Red, the entity that operates the interconnection system for Central America, and also has 50 percent stake in the binational company Interconexión Eléctrica Colombia-Panamá, ICP. "



More on this topic

Environmental Review of Panama-Colombia Electricity Connection

August 2015

The Panamanian Ministry of the Environment has hired a consultant to assess the risks and costs of the choice of route for the transmission line proposed by the binational company Interconexión Eléctrica Colombia Panamá.

The Ministry hired an international consulting firm to undertake the analysis of costs and risks of the proposal submitted by Interconexión Eléctrica Colombia Panamá (ICP), which was already approved by Colombia and only requires approval from Panama before it can go ahead.

Colombian Energy Company Sets up in Costa Rica

June 2014

Energy EPM which already has a presence in Guatemala, El Salvador and Panama, has reaffirmed its interest in the region with the opening of another branch.

From a statement issued by EPM Group:

The Board of EPM authorized at its meeting on Tuesday the establishment of a branch of its organization in Costa Rica as part of an internationalization strategy that seeks to explore new business opportunities in the neighboring country, listed as one of EPM's target markets.

Private Interest in Darien Electrical Interconnection

July 2013

Colombian electricity companies are proposing private investments to finalize the project that would allow them to sell power to Central America.

Interconexión Eléctrica S.A. and Grupo de Energía de Bogotá have shown interest in making electricity interconnections between Colombia and Panama.

Guatemala: Colombian Company Bids for Power Grid

October 2010

Empresa Electrica de Bogotá submited a bid for a section of the power grid belonging to Italy's Enel.

The bid is for the purchase of a stake in "Transmisora de Energía Renovable" (Transnova), a company owned by Enel.

"Enel has total control over Transnova, through its subsidiaries in that country, Enel Guatemala SA, which controls 98% and Generadora Montecristo SA, which has a 2% share of the renewable energy generation company" reported Dinero.com.

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