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February 2015


EEB inaugurates Tesalia substation, strengthening realiability of the country’s power system

24 February 2015

  • Empresa Energía de Bogotá fulfills its commitment to the country and its people, who may enjoy a more reliable power system.
  • Investment to undertake this first phase of the project reached USD 20 million (approx. COP 45 billion), and the construction was completed in record time of 14 months.          

Bogotá D.C., 24 February 2015. On Tuesday, Empresa Energía de Bogotá (EEB), head of Grupo Energía de Bogotá, officially inaugurated the 230kV Tesalia substation and its associated transmission lines located in the Huila Department, a project aimed at strengthening the Colombian power system.       

In addition, it connects the most important power generation center providing electricity in the country, via the Hydroelectric Plant of El Quimbo with the National Transmission System. Thus, it will support the growing electricity demand in Colombia.

Mr. Ricardo Roa Barragan, CEO of EEB during the event opening stated that with the coming on stream of this new project “we are fulfilling our promise to the country by improving the reliability of the national power system, to the Government by meeting quality and efficiency standards required, and to Colombians because they may have a more stable energy service.”

The project comprised the construction of the Tesalia Substation, a 230kV transmission line between Tesalia and Altamira with an extension of 49.7Km. and the reconfiguration of the transmission line between Betania and Jamondino of 1.45 Km. Furthermore, the project was awarded by the  Mining Energy Planning Unit (UPME –as per its Spanish acronym), foreseeing the construction of a 230 kV Transmission line between Tesalia and Alferez (Valle del Cauca) with an extension of 191Km. and the enhancement of the Altamira Substation to 230 kV.  

EEB’s investment for this first phase of the project amounted to USD 20 million (COP 45 billion). The construction of the project was completed in record time of 14 months and 134 local workers were hired from the municipalities of the project’s direct area of influence to build the substation and the transmission line.

The area of influence of the entire project comprises 11 municipalities from the Department of Huila: Tesalia, Paicol, Gigante, El Agrado, El Pital, Tarqui, Altamira, Iquira, Teruel, Palermo and Santa Maria; two municipalities from the Department of Tolima: Planadas and Rio Blanco; and three municipalities from the Department of Valle del Cauca: Florida, Candelaria and the city of Cali.

Currently, the Company has eight ongoing UPME projects in different regions of the country, which has consolidated the company as the second power transmission company in Colombia and the first in growth during the past two years.

About Grupo Energía de Bogotá

Grupo Energia de Bogota is the leading corporation in the Colombian power sector. Through EEB it transports electricity to the most significant markets in terms of demand and size in the country and participates in the distribution of electricity.  It controls nine affiliate companies and directly performs the activity of electricity transportation in Colombia, in a market with the highest demand in the country. In the electricity chain in Colombia, it participates in the distribution of electricity via Empresa de Energía de Cundinamarca – EEC. In addition, it controls the largest natural gas carrier in Colombia, TGI S.A with a stake of 49% within the market, including an extension of 2957 Kms in gas pipelines services highly populated areas in Colombia such as Bogota, Medellin, Bucaramanga de Coffee Region and Llanos Foothills. In Peru, its company CONTUGAS has a 30-year concession for the transportation and distribution of natural gas in the Ica Department, likewise with its company CALIDDA distributes natural gas in the regions of Lima and Callao.  In that same country, together with ISA, it holds stocks in REP S.A. and TRANSMANTARO S.A., which operate 63% of the electricity transmission system in Peru. In 2010, it established TRECSA - Transportadora de Centroamérica S.A.- in charge of building the most important infrastructure Project in Guatemala and will render electricity transmission services as of 2014. Furthermore, GEB holds an investment portfolio in important companies in the electric power sector, in which the following stand out, CODENSA S.A., EMGESA S.A., GAS NATURAL S.A., PROMIGAS S.A. and Electrificadora del Meta - EMSA and to a lesser extent ISA and ISAGEN. As of 2013, the Group renders advisory and engineering services in Guatemala and Peru through its affiliate EEB Ingeniería y Servicios. Also, in 2014 it created the company Empresa de Movilidad de Bogotá SAS E.S.P., affiliate company dedicated exclusively to developing electric power mobility projects.

 

More information:

Nicolás Mancini

GEB Financing and Investor Relations Manager

ir@eeb.com.co

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