Hidroituango adds support, but still under the magnifying glass

Between Monday and Tuesday, members of the Bureau visited the complex and received information on the progress of the work and the installed instrumentation that allows them to be constantly monitored (see Parentheses).

There were about 30 people who had the opportunity to visit and learn first-hand aspects of the project such as tunnels, embankments, underground works and especially the Technical Monitoring Center that operates 24 hours a day.

Although a report is not known after the visit by the members of the Bureau, during this week the voices of support for the development of the hydroelectric plant that is in charge of EPM have been heard again.

"The complex has some firm energy obligations for 2021 and others for 2022. What we hope is that, according to what EPM is saying, it will comply with the schedules to enter into operation in phases since 2021," said the official .

On the same line the president expressed himself on Tuesday Ivan Duke, in his speech at the annual meeting of the Colombian Association of Electric Power Generators (Acolgene).

“Hidroituango I think is the most demanding engineering work that Colombia has had and, although it has a relationship with one of the great market participants, I want us to isolate ourselves from the brand, to isolate ourselves from the name of the company, let's talk of what a project of this nature means for the country, in installed capacity, and what it means also transcendentally for the future of Colombia, ”he said.

On the other hand, EPM announced that it will continue until September 19 the process of prequalification for those interested in acquiring 8.66% of the participation it has in Interconnección Eléctrica (ISA), that is, 95.8 million shares.

In a report sent to the Financial Superintendence, EPM said that the envelope for prequalification must be delivered to the offices of Santander Investment Banking Colombia, located at Calle 93A # 13 – 24 in Bogotá.

This stage seeks to validate and prequalify all those interested in submitting an offer for the titles and that meet the financial and regulatory requirements demanded by the standards.

For the first stage EPM set the price per share at 15,700 pesos, the title opens today at 19,380 pesos and with this sale the Antioquia company expects to adjust its financial figures before the contingency in the construction of Hidroituango.

* At the invitation of XM