March 8, 2026
General News

EPM Buys Rionegro’s ‘E.P. Rio’ Public Utility; Plans Big Water, Sewage-Treatment Investments

Medellin Herald
Medellin-based multinational utilities giant EPM announced November 9 that it has completed the buyout of 100% of the stock-and-assets of neighboring Rionegro’s “E.P. Rio” public utility, following which EPM aims to invest COP$550 billion (US$183 million) in water-and-sewage infrastructure in coming years. Under the deal – finally approved by Rionegro’s municipal
Left to right: Guillermo Zuluaga, Colombia Secretary of Agriculture; Ricardo Uribe, CEO, Cartama; Jose Luis Gonzalez, Commercial Director, Hasspacol
Companies

Medellin-Based Exporters Hail 1st-Ever Colombian Avocado Shipments to U.S. Market

Medellin Herald
Three Colombian industrial producers of Hass avocados – all based in the Medellin metro area — this month celebrated the first-ever exports of their products to the U.S. market. The companies – Cartama, Hasspacol and Westsole – are working with California-based Mission Produce to introduce Colombian Hass avocados to the U.S. market, following first-ever import […]
Companies

ISA 3Q 2017 Net Income Jumps 30.8% Year-on-Year

Medellin Herald
Medellin-based electric power transmission giant and multinational infrastructure operator ISA reported November 1 that its third quarter (3Q) 2017 net income rose 30.8% year-on-year, to COP$317 billion (US$103 million). The improvement mainly came as a result of greater revenues, a decline in finance costs and favorable Brazilian tax-and-compensation provisions for
Companies

EPM Successfully Places US$764 Million Bond Offering

Medellin Herald
Medellin-based multinational utilities giant EPM announced October 31 that it successfully placed a COP$2.3 billion (US$764 million) 10-year bond offering at 8.375% interest. “This is the third international issue denominated in Colombian pesos,” according to the company. Wall Street bond rater Fitch gave the issue a “BBB+” rating while Moody’s gave it a “Baa2”
General News

USAID Helping Antioquia’s Poor to Recover Lands Wrecked by Irresponsible Miners

Medellin Herald
The U.S. Agency for International Development (USAID) announced October 31 that it is helping Afro-Colombian and indigenous communities in El Bagre, Antioquia, to restore lands to safe and productive use following environmental destruction left by irresponsible miners. In the COP$1.4 billion (US$470,000) USAID-sponsored project, 90 economically disadvantaged families – all
Companies

Bancolombia 3Q 2017 Net Profit Dips 1% Year-on-Year; 2.5% GDP Growth Seen in 2018

Medellin Herald
Medellin-based banking giant Bancolombia – Colombia’s biggest bank and now a growing multinational – reported October 26 that its third quarter (3Q) 2017 net profit dipped 1% year-on-year, to COP$1.7 trillion (US$564 million). However, Bancolombia’s gross portfolio grew 6.5% year-on-year to COP$158 trillion (US$52 billion), of which 25% corresponds to its international

Post Gallery

Medellin Herald: Find news, information, reviews and opinion on business, events, conferences, congresses, education, real estate, investing, retiring and more.

medellin.herald@gmail.com

COL (4) 386 06 27

USA (1) 305 517 76 35

Medellin, Antioquia, Colombia

Medellin Herald is a locally produced, English-language news and advisory service uniquely focused upon a more-mature audience of visitors, investors, conference and trade-show attendees, property buyers, expats, retirees, volunteers and nature lovers.

 

U.S. native Roberto Peckham, who founded Medellin Herald in 2015, has been residing in metro Medellin since 2005 and has traveled regularly and extensively throughout Colombia since 1981.

 

Medellin Herald welcomes your editorial contributions, comments and story-idea suggestions. Send us a message using the “contact” section.