ColombiaWealth Management
1997 promises to be another important year for local and foreign private investors in the electric sector. Termocentro, a combined cycle electric generation facility located in Cimitarra, Santander with a generation capacity of 200 MW generated through turbines that operate with natural gas as main fuel and Diesel as an alternate fuel, was recently inaugurated. On the other hand, the construction of Termoemcali is beginning this month. This is a natural gas-fired power generation facility located near Cali, Colombia.
The sale of 56.71% of the shares the Republic of Colombia owns in the Empresa de Energia del Pacifico S.A. E.S.P. is expected to be completed by the month of May. The minimum price established by the Colombian Government is 550 million dollars. EPSA is a vertically integrated company that serves the Departamento del Valle del Cauca and has a generation installed capacity of 841 MW.
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