EPM AB Loan

completed

The Project is a $349 million capital expenditure program in the areas of water distribution and waste water collection, and electricity distribution and transmission (the “Project”) during 2009 and 2012. The project will replace about 114 km of aging water and sewer pipes and add 116 km of sewer pipes throughout Medellin Metropolitan area, benefiting up to 3 million residents from better water and sewerage services, and reducing water losses. Furthermore, the project will benefit about 209,300 rural residents through new electricity connections. An additional one million residents will enjoy improved electricity supply, through investments in the distribution network, substations, and transformers in Medellin and surrounding regions where EPM operates. In total, the project will benefit about 3 million residents, of which about 50 percent are low income residents classified in strata 1 and 2.