Colombian firms plan solar and wind projects

Colombian firms plan solar and wind projects

Fitch Ratings Loans Debt Bonds Colombia ESG Renewable Sustainability-Linked Wind Solar

The Colombian electric companies Emgesa, Isagen and Celsia are expected to invest a total of almost $2 billion in solar and wind projects financed by a mix of cash flow, debt, direct investment and equity, Fitch Ratings said in a report on Tuesday. The three companies are poised to bid in an upcoming auction for 4.71 GW of renewable energy contracts, which the Colombian Ministry of Mines and Energy said in July that it plans to hold in October to expand its renewable energy capacity, according t

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