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March 2017


EEB General Shareholders’ Meeting reported record profits in the amount of 1.3 trillion

30 March 2017

-Normalized dividends increased 303% as compared to 2015.

-The General Shareholders’ Meeting approved the election of new executive board members, as well as the amended by-laws proposed by the Board of Directors. 

Bogotá D.C., March 30, 2017.The General Shareholders’ Meeting of Empresa Energía de Bogotá (EEB), holding company of Grupo Energía de Bogotá, approved last Thursday the positive results of the company in 2016, among which it is worth highlighting a net profit of $1.3 billion, which represents a 27.8% growth when compared to 2015. 

In regards to dividend distribution, the Meeting ruled on the dividend sharing amounting to $908,936 million, which involves the payment of 99 pesos per share to over 3 thousand shareholders, an increase of 303% with regards to 2016. Upon normalization of the payment of advance dividends carried out in 2010 and 2014, the company reported record-setting dividends for FY 2016. 

Regarding these results, Astrid Álvarez, EEB president said:“2016 was an excellent year for Energía de Bogotá, because apart from achieving great financial results, we designed a powerful and challenging strategic plan with which we’ll become a multi-Latin leader in energy and gas”. 

Furthermore, the consolidated EBITDA margin of Grupo Energía de Bogotá at the end of 2016 amounted for $2.612 trillion, a 44.4% increase compared to 2015. 

“Today we are leaders in the development of new projects in power transmission in Colombia, we’re the country’s main gas transporters, we developed the most important energy project in Center America, and we are the main gas distributors in Peru. We want to continue to grow as the mayor strategic connector of the region and generating important dividends for our shareholders” saidEEB’s president. 

Board of Directors

The Ordinary General Shareholders' Meeting also approved the list of candidates presented to choose the members of the EEB’s board of directors, which will be made up by:

PRINCIPALES 

SUPLENTES

Beatriz E. Arbeláez Martínez

José A. Herrera Lozano

Roberto Holguín Fety

Pedro O. Molano Pérez

Gisele Manrique Vaca 

Darío Montenegro Trujillo

Jaime E. Ruiz Llano

Germán González Reyes

Margarita Ma. Rehbein Dávila 

Beatriz E. Cárdenas Casas

Carlos A. Sandoval Reyes

Yaneth Mantilla Barón

Luis Fernando Uribe

**Diego Quintero Múnera

**Gustavo Ramírez Galindo

**Alejandro Sánchez Vaca

**Rafael Herz Stenberg

**José Alejandro Samper Carreño

** Miembros Independientes

About Grupo Energía Bogotá 

Grupo Energía de Bogotá (GEB), led by Empresa Energía de Bogotá, is a joint stock company listed in the Stock Exchange Market of Colombia, which main corporate purpose is the generation, transmission, distribution and commercialization of energy, gas and liquid fuels in all of their forms. 

Nowadays, Grupo Energía de Bogotá is the main Multi-Latin electric energy and natural gas company of the region with presence in Colombia, Perú, Guatemala and Brazil, and acting as a “strategic connector”, focused on three Business Units. 

-        Urban Energy Solutions, this unit focuses on developing and operating the infrastructure required to meet the electric power and natural gas demand in large cities;

-        Interconnection for Market Development, this unit is responsible for connecting power generation sources with large consumption centers and large users; and

-        Low Emission Generation, this focuses on seeking new opportunities in renewable energies in countries where the energy matrix is transitioning to this sustainable and low-emission generation source. 

Contact

Luis Miguel Gómez Henao

External Communications Advisor

E-mail: lgomez@eeb.com.co

Cellular phone: 3108124891

www.grupoenergiadebogota.com

@GrupoEnergiaBog 

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