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EPM's Afinia Invests $493 Billion in Cesar Grid Before Handing Over to Atenea

EPM subsidiary Afinia completed $493 billion in infrastructure investments in Cesar before transferring service to Energía Atenea.

TruthFoundry News Desk
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Stands on 10 placed sources from 3 publishers.
As of 2026-09-01 15:13 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Afinia, a subsidiary of EPM, invested more than $493 billion in the electrical infrastructure of the Cesar department between 2020 and 2026 to expand capacity and improve reliability. [1] Starting September 1, 2026, Energía Atenea will assume the provision of energy services in 19 municipalities of Cesar, 10 in southern Bolívar, and 6 in Magdalena. [2] Energía Atenea, a subsidiary of Grupo EPM, began operations in 19 municipalities across the Colombian departments of Cesar, Bolívar, and Magdalena after 18 months of preparation. [3] Energía Atenea, a new subsidiary of Grupo EPM, began operating on September 1, 2026, in 35 municipalities previously served by Afinia. [4] The average duration of power interruptions in Cesar, measured by the SAIDI indicator, decreased from 87 hours in 2019 to 67 hours in 2025, representing a reduction of nearly 23%. [5] Energía Atenea's initial operational focus was the department of Cesar with investments exceeding $493.000 million pesos, though its scope expanded to include Bolívar and Magdalena. [6] The new company will assume the distribution and commercialization of electricity in these areas, replacing the operations previously handled by Afinia. [7] The transition to Energía Atenea was driven by a deficit exceeding one trillion pesos that Afinia faced due to energy losses and the need for network modernization. [8] Grupo EPM stated that more than 40% of first-stratum clients of Afinia do not pay for the energy they consume. [9] Grupo EPM stated that the market split was an strategy to address the complex financial situation in the Caribbean energy sector. [10]
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  1. Afinia, a subsidiary of EPM, invested more than $493 billion in the electrical infrastructure of the Cesar department between 2020 and 2026 to expand capacity and improve reliability. · El Colombiano
  2. Starting September 1, 2026, Energía Atenea will assume the provision of energy services in 19 municipalities of Cesar, 10 in southern Bolívar, and 6 in Magdalena. · El Colombiano
  3. Energía Atenea, a subsidiary of Grupo EPM, began operations in 19 municipalities across the Colombian departments of Cesar, Bolívar, and Magdalena after 18 months of preparation. · Caracol Radio
  4. Energía Atenea, a new subsidiary of Grupo EPM, began operating on September 1, 2026, in 35 municipalities previously served by Afinia. · El Espectador
  5. The average duration of power interruptions in Cesar, measured by the SAIDI indicator, decreased from 87 hours in 2019 to 67 hours in 2025, representing a reduction of nearly 23%. · El Colombiano
  6. Energía Atenea's initial operational focus was the department of Cesar with investments exceeding $493.000 million pesos, though its scope expanded to include Bolívar and Magdalena. · Caracol Radio
  7. The new company will assume the distribution and commercialization of electricity in these areas, replacing the operations previously handled by Afinia. · Caracol Radio
  8. The transition to Energía Atenea was driven by a deficit exceeding one trillion pesos that Afinia faced due to energy losses and the need for network modernization. · Caracol Radio
  9. Grupo EPM stated that more than 40% of first-stratum clients of Afinia do not pay for the energy they consume. · El Espectador
  10. Grupo EPM stated that the market split was an strategy to address the complex financial situation in the Caribbean energy sector. · El Espectador
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