EPM and the IDB Invest, which is the private sector of the International Development Bank, signed a loan agreement for USD 1 billion, intended for funding the Ituango Hydroelectric Project.(See Anex)
On December 14, 2017, EPM finished paying the Municipality of Medellin the extraordinary surpluses for a total value of COP 458,698,094,690.00.
EPM Board of Directors has approved a COP 14.2 billion budget for 2018. The Ituango and Aguas Claras projects will come online. (See Anex).
EPM reports that has transmitted the Country Code survey for the year 2016, which is posted on its website:
EPM informs the signing of the agreement with the trade union Sinpro, which ends the collective dispute. Term 4 years. Salaries first year CPI 2016 + 2% and following years CPI + 1.35%.
EPM ask to the Ministry of Labor to convene a Court of Arbitration to study and settle the collective labor dispute promoted by SINTRAEMSDES Union.
EPM’s declaration regarding information published in the media (See Attachment).
EPM’s declaration regarding a recent newspaper article (see attachment).
The Agency Moody´s Inverstor Service upgraded EPM´s international credit rating to"Baa2" from Baa3, with Stable Outlook.(See annex)
Stakeholders (See annex)
The EPM Group announces its financial results for the first quarter 2017.(See annex)
In compliance with Annex 1 of Public Notice 038 of 2015, the following were published: the consolidated financial reports of Group EPM and their respective notes approved by the Board of Directors and the independent auditor report. (See annex)
In compliance with Annex 1 of Public Notice 038 of 2015, the following were published: management report and individual financial statements, and its respective notes approved, certifications, independent auditor report, and internal accounting control report. (See annex)
On May 31, 2017, EPM finished paying to the municipality of Medellin, the extraordinary dividends for a total value of COP 50,437,713,628.00
EPM clarifies information published in the media regarding the acquisition of 40.9% of the company ERCO S.A.S.(See annex)
EPM makes reference on the information released by some of the mass media about its intention to buy ETB. (See annex)
EPM complements financial information released on April 27th, including the results of the Parent Company. (See annex)
The Award Andesco CSR 2017: declares EPM out of competition and with honorary mention; recognition in environmental, social and economic matters, that propitiates sustainable human development. It reflects the work of EPM people and actions with other actors.
EPM informs that the incident at Playas Hydroelectric Plant affects 5.6% of its power generation capacity. Financial impact is being evaluated, also there is an insurance policy that covers material damages and consequential loss of revenue.
The Playas Hydroelectric Plant temporarily suspends its operations due to a technical incident occurred in a power transformer that caused a fire that affected other equipment. We work on the reestablishment of the operation of the Central.
Agreement 032 of 2017 is published in the Municipal Gazette by means of which one asset item of EPM is available for transfer to the general budget of Medellin during 2017 and 2018. (See annex)
The Mayor of Medellin sanctioned Agreement 032 of 2017 through which one asset item of EPM is available for transfer to the general budget of Medellin during 2017 and 2018. Pending publication in the Municipal Gazette.
The Council of Medellín approved the Agreement Project through which part of the assets of EPM (Empresas Públicas de Medellín) were made available for transfer into the municipal budget for 2017 and 2018. This is pending the publication in the Municipal Gazette. (See annex)
With infrastructure investments worth COP 1.6 billion in the first half of 2017, EPM Group contributes to the country's development. (See annex)
On July 12, 2017, EPM finished paying the Municipality of Medellin the amount agreed for this year from income generated from the sale of shares in ISAGEN S.A., amounting to COP 300,000,000,000.00.
As reported by the media yesterday, EPM estimates that the recovery of Central Playas represents an impairment of COP 10 thousand million, in addition to the insurance coverage.
EPM expands the information published today regarding the conditional binding offer for the acquisition of 100% of the shares of EMPRESAS PÚBLICAS DE RIONEGRO S.A. E.S.P. - EP RIO.(See annex).
EPM has submitted a conditional binding offer for the acquisition of 100% of the shares of the Colombian company EMPRESAS PÚBLICAS DE RIONEGRO S.A. E.S.P. - EP RIO (See annex).
Fitch Ratings maintained the credit ratings for EPM: international “BBB+” and national “AAA” (See annex).
EPM made a successful bond placement in the international capital market for COP 2.3 trillion (See anex).
EPM makes reference to relevant information published on October 26, 2017, on Draft Resolution 106, submitted at the Council of Medellín.(See anex).
Draft Agreement 106 was submitted at Counsel of Medellín “Whereby the mayor of the city is authorized to attend the dissolution and subsequent liquidation of PARQUES DEL RÍO S. A. S.”, in which EPM owns stock..
EPM corrects relevant information published on October 25, 2017, with respect to the subscription of the contract to acquire 100% of the shares of EMPRESAS PÚBLICAS DE RIONEGRO S.A. E.S.P.(See anex).
EPM informs the signing of the inter-administrative contract to acquire 100% of the shares of the company EMPRESAS PÚBLICAS DE RIONEGRO S. A. E. S. P. and the fulfillment of conditions precedent for closing the transaction. (See anex)
EPM makes a statement about information published by the media. (See anex).
EPM will hold a series of meetings with potential investors of a possible bond issuance denominated in pesos, in the international capital market under Rule 144 A / Reg S.(See anex)
The company announces consolidated financial results as of October 31, 2017 (See annex).
EPM speaks out about stories in the media related to the Paradise Papers, and states that there is no financial or economic impact for the issuer (See annex).
EPM issues the publication from October 25, and makes public the completion of the transaction of 100% of the shares of the Colombian company EMPRESAS PÚBLICAS DE RIONEGRO S.A. E.S.P. (See annex).
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