The Empresa de Energía de Pereira (EEP) has received an AA+ credit rating from Standard & Poor's, as announced by its manager Yulieth Porras Osorio. The rating highlights the company's financial solidity after years of expansion. EEP plans major investments in solar energy and networks this year.
The Empresa de Energía de Pereira (EEP) has been rated AA+ by Standard & Poor's, indicating its ability to meet short- and long-term financial obligations, according to Yulieth Porras Osorio, the company's manager.
Porras Osorio credited the rating to a consolidation process over the last five years. EEP has expanded to 14 departments and grown its user base by more than 30%, establishing itself as one of Colombia's top energy marketers and distributors.
Key plans include $40 billion investments in solar energy, with six additional projects this year and 10 more next year. It currently has 25,000 panels and aims for 40,000 within three years. For 2026, EEP will invest $47 billion in network remodeling, substations in Pereira's Cerritos area, and national user expansion.
The manager projects revenues exceeding $800 billion with margins of 25% to 26%. EEP expects to end 2026 with 256,000 or 257,000 users in Pereira, Cartago, and nationwide. Employee numbers have risen from 400 six or seven years ago to over 700.
