Information at the close of 1Q 2024:
At the close of March 2024, the net financial debt of Enel Colombia (excluding Central America) amounted to COP 8.8 trillion.
During the quarter, the company obtained loans as follows:
- COP 400 billion with Banco de Bogotá on February 19, with a term of 7 years. The funds will be used to replace ordinary debt with sustainable debt.
- COP 100 billion with Banco de Bogotá on February 19, with a term of 7 years. The funds will be used for CapEx development in renewable projects.
- COP 35 billion with Bancolombia on February 26, for a term of 7 years, through Findeter's Energy Efficiency rediscount line for the Generation business. The funds will be used for working capital.
- COP 25 billion with Davivienda on March 13, for a term of 5 years, through Findeter's Energy Efficiency rediscount line for the Generation business. The funds will be used for working capital.
- Additionally, on March 21, 2024, a novation was made to a credit agreement signed with Bancolombia on December 21, 2023, for an amount of COP 300 billion, with a term of forty-five (45) months.
During the period, the Second Tranche of Ordinary Bonds under the Issuance and Placement Program of Emgesa, now Enel Colombia, was cancelled for a value of COP 265 billion.
At the close of March 2024, all of Enel Colombia's financial debt was denominated in Colombian pesos and its average life was 3.53 years.