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Air-e Colombia

Sector: Power Generation (CCGT) • Location: Colombia

Source: Inter-American Development Bank (IADB)

Project
Closed

Providing long-term guaranteed corporate financing toAir-e S.A.S. E.S.P.(the “Company or Aire”). Aire is the third largest energy distribution and commercialization company in Colombia, serving 1.25 million users in the departments of Atlántico, La Guajira and Magdalena. In 2020, the Company was selected by the national government to assume the operation of the regional electrical network, replaci

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The project “Air-e Colombia” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Colombia. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Original status

closed

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Description

Description

Providing long-term guaranteed corporate financing toAir-e S.A.S. E.S.P.(the “Company or Aire”). Aire is the third largest energy distribution and commercialization company in Colombia, serving 1.25 million users in the departments of Atlántico, La Guajira and Magdalena. In 2020, the Company was selected by the national government to assume the operation of the regional electrical network, replacing the previous operator with the commitment to improve efficiency in service provision, increase quality indices and reduce distribution system losses. .IDB Invest will provide term financing for an approximate amount of COP 180,000 million. Through this operation, IDB Invest seeks to improve the quality of the electricity service in the Colombian Caribbean area.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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