- ‘Reforesting Soacha’ forms part of CODENSA’s initiatives on Creating Shared Value in the Compartir Substation Project’s area of influence.
- Through this initiative, we are seeking to support the Soacha River’s restoration process, strengthen environmental education, contribute to the area’s beautification and involve the community in the process of sowing.
CODENSA, the Cundinamarca Regional Autonomous Corporation (CAR, for the Spanish original) and the municipality of Soacha signed a cooperation agreement with the goal of reforesting and beautifying the green areas near the Compartir Substation Project’s area of influence which comprises the area around the Soacha River.
This agreement will be worth a total of COP 78 million and the Company will contribute COP 61 million for: site preparation works (digging and fertilizing), purchase of reforestation materials, maintenance of sowing works for a year, carrying out environmental workshops, as well as on the efficient use of energy, logistics of reforestation sessions, eco-trips, among others.
David Felipe Acosta, CODENSA´s manager says: “The project ‘Reforestating Soacha’ proves that joint efforts between private companies with public entities and the community bring significant social and environmental benefits for the area of influence where CODENSA operates.”
On the other hand, the CAR will provide technical assistance for the project development, will support the execution of environmental workshops and will issue the call for the project’s socialization and reforestation sessions. Additionally, the Soacha City Hall will provide technical assistance for the identification of species to be planted, will draw the landscape design and will adjust the soil (removal of debris and soil stabilization).
According to CAR’s General Director, Néstor Guillermo Franco, “everybody is committed to change the mindset of Soacha’s people, since social mobility does not only include employment and education but telling citizens that they can have a better quality of life through sowing on public roads and beautification that generate another type of behavior of those who benefit from the planting action.”
ABOUT THE COMPARTIR SUBSTATION:
The Compartir Substation forms part of CODENSA’s projects aimed at contributing to the strengthening of reliability and stability of Bogotá’s and Cundinamarca’s electric system. This substation will have an initial installed capacity of 80 MVA which may increase to 200 MVA, and it will be connected through two overhead lines of 115 kV with the Bosa and Nueva Esperanza substations whose approximate length is of more than 1.5 km of network.
This substation is part of an intense and solid physical infrastructure investment plan the Company has been developing throughout the area of operations which seeks to enhance service quality and achieve world-class indicators.
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ABOUT THE ENEL GROUP – CODENSA AND EMGESA
CODENSA and EMGESA are part of the Enel Group, a multinational energy company and one of the main global integrated operators in the electricity and gas sector. The Group operates in more than 30 countries from four continents, generating energy through an installed net capacity of around 83 GW and distributing electricity and gas to a network of around 2 million kilometers. With more than 65 million users in the world, the Enel Group has the largest customer base compared to its European competitors. The Enel Group is the biggest integrated utility company in Europe in terms of market capitalization, and it is one of the main electricity companies in Europe in terms of installed capacity and reported EBITDA.
Codensa S.A. ESP is a distribution and electric energy sales company, as well as a leader on the market, with more than 3,200,000 clients distributed in Bogotá, in 116 municipalities of Cundinamarca, 6 in Boyacá, 4 in Tolima and 3 in Meta. Established in 1997, CODENSA has an installed capacity of 10,633 MVA (megavolt amperes) along 69,821 kilometers of high, medium and low voltage networks. The Company generates around 14,000 jobs both directly and indirectly in Colombia.