March 8, 2026
Companies

EPM 1Q 2017 Net Income Jumps 460% Year-on-Year

Empresas Publicas de Medellin (EPM) – now a multinational electric power, water, sewer and natural-gas utility – announced April 27 that its first quarter (1Q) 2017 net income soared 460% year-on-year, to COP$606 billion (US$206 million). Earnings before interest, taxes, depreciation and amortization (EBITDA) likewise rose 98% year-on-year, to COP$1.1 trillion (US$374
General News

Hidroituango Wins Crucial Transmission Permit: Huge Boost for Medellin, Antioquia

The departmental government of Antioquia announced April 24 that the US$5.5 billion, 2.4-gigawatt “Hidroituango” hydroelectric project finally has won the first two of four power-transmission construction permits from Colombia’s environmental licensing agency (ANLA). The remaining two permits are expected to be issued next month (May 2017), according to Instituto para el
General News

Metro de Medellin Ridership Soars Above 1 Million Daily; Helps Cut Air Pollution

Medellin’s world-famous “Metro” public transit system including electric rail, aerial tram, road tram, bus rapid transit (BRT) and free bicycles at Metro stations is breaking all-time records for public use – and now aims to help cut a worrisome growth in vehicle air pollution. According to Metro’s latest sustainability report (released March 31), average ridership […]