Colombia’s ISA Projects $33 Billion Investment Through 2040

Colombia’s ISA plans to invest $28.4 billion to $33.1 billion through 2040, primarily in power transmission. CEO Jorge Carrillo notes that 67% of the funds will support transmission projects, while the remainder is earmarked for electricity and roadway initiatives. The company aims to enhance earnings and explore new markets, contemplating a dividend distribution of 50% of 2024 profits.

Colombian conglomerate Interconexión Eléctrica S.A. (ISA) has articulated plans to invest between $28.4 billion and $33.1 billion through 2040, as stated by CEO Jorge Carrillo. The majority of this investment, approximately 67%, will be allocated to power transmission projects, while around 25% will focus on new electricity initiatives, with the remaining funds destined for roadway improvements.

Additionally, ISA intends to pursue divestitures in its telecommunications and services infrastructure sectors. Carrillo emphasized the company’s goal of expanding its transmission capabilities both within Latin America and into new territories such as the United States, while also exploring innovative solutions including energy storage.

Currently, ISA operates across multiple countries, including Colombia, Brazil, Chile, Peru, Bolivia, Central America, and Argentina. In 2024 alone, the conglomerate made an investment of 4.8 trillion pesos (approximately $1.17 billion). Carrillo indicated that these strategic investments aim to significantly boost the company’s earnings, with EBITDA reaching 9.7 trillion pesos in the previous year.

Moreover, ISA reported a 14% increase in net profit for 2024, totaling 2.8 trillion pesos (around $678.5 million). As a result, the company will propose a dividend of 1,265 pesos per share, distributing 50% of its profits to shareholders from the fiscal year 2024.

In summary, ISA’s ambitious investment strategy through 2040 is concentrated primarily in power transmission projects, signaling a robust commitment to enhancing infrastructure. The company also aims for expansion into new markets and innovative technologies while ensuring shareholder returns through dividends. The overall financial growth, reflected in increased profits and EBITDA, underscores ISA’s strong position in the energy sector.

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