(TermoCandelaria, 14.Jul.2020) — TermoCandelaria Power Ltd, an electric power generation company in Colombia, which owns and operates a large portfolio of thermal power plants in Colombia, announced that it received the required consents from the holders of the 7.875% Senior Notes due 2029 issued by the company for the adoption […]
Tag: TermoCandelaria
Promigas guarantees energy security In Colombia
BOGOTA, COLOMBIA (By Promigas, 2.Mar.2020, Words: 440) — Because of the drought that has been affecting Colombia, reservoir levels have fallen this week to 44% of capacity, which represents a useful hydroelectric generation volume of almost 8,000 gigawatts per hour (GWh). An increase in thermal generation was therefore required, in […]
Colombia’s TermoCandelaria Fined 35.4 Bln Pesos
(Energy Analytics Institute, Jared Yamin, 10.Mar.2017) – Colombian energy generator TermoCandelaria was fined 35,410 million pesos, equivalent to 48,000 minimum salaries, by the country’s Public Services Superintendent. The entity justified its fine by saying the company had put the entire electrical system at risk in an ‘unjust manner’ during a […]