EPM, IDB Invest amend loan for Ituango dam

EPM, IDB Invest amend loan for Ituango dam

IDB Invest Loans Colombia Dams

IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), and Empresas Públicas de Medellín (EPM) have signed an amendment to a $900 million loan for the city-owned utility company to complete construction of the Ituango hydroelectric plant.  "This is a very relevant event because it reflects the confidence that IDB has in this project," EPM CEO Alejandro Calderón said in a video announcement on Friday. IDB Invest and seven international lenders granted a $1 billion

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