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Hydroelectric plants make up half of the eight largest Colombian energy projects by capex

The country of Colombia has more than 760 energy projects under development, according to BNamericas’ database. Of the eight largest on file by capital expenditure, half are hydroelectric plants. These projects are expected to require combined investments of US$21 billion.

1. Sebastopol refinery

Project type: Oil and gas refinery, electric power generation and infrastructure

Capex: US$6 billion

Stage: Early design and engineering

Owner: Refinería Colombiana Sebastopol S.A.S.

Location: Antioquia

2. Hidroituango 

Project type: Hydroelectric plant

Capex: US$4.37 billion

Installed capacity: 2.4 GW

Stage: Under construction

Owner: EPM

Location: Antioquia

3. Sucre energy hub

Project type: LNG import, regasification and storage terminal, thermoelectric power generation complex, transmission lines. 

Capex: US$4 billion

Stage: Environmental/social evaluation

Owner: Generación e Interconexión Eléctrica del Pacífico

Location: Sucre

4. Micay Hydro

Project type: Hydroelectric plant

Capex: US$1.9 billion

Installed capacity: 800 MW

Stage: Prefeasibility

Owner: Gestión y Diseños Eléctricos

Location: Valle del Cauca

5. La Luna 

Project type: Coal-fired thermoelectric power plant 

Capex: US$1.8 billion

Installed capacity: 1.125 GW

Stage: Awaiting construction decision

Owner: Central Termoeléctrica La Luna 

Location: Cesar

6. La Paz

Project type: Hydroelectric plant

Capex: US$1.25 billion

Installed capacity: 648 MW

Stage: Environmental/social evaluation

Owner: Universal Stream

Location: Caquetá

7. Aguadulce Energy Terminal

Project type: Natural gas generation, regasification, storage terminals

Capex: US$1 billion

Stage: Feasibility

Owner: Aguadulce LNG S.A.S.

Location: Valle del Cauca

8. Porvenir II Hydro

Project type: Hydroelectric plant

Capex: US$850 million

Installed capacity: 352 MW

Stage: Advanced design and engineering

Owner: Celsia

Location: Antioquia

The country of Colombia has more than 760 energy projects under development, according to BNamericas’ database. Of the eight largest on file by capital expenditure, half are hydroelectric plants. These projects are expected to require combined investments of US$21 billion.

1. Sebastopol refinery

Project type: Oil and gas refinery, electric power generation and infrastructure

Capex: US$6 billion

Stage: Early design and engineering

Owner: Refinería Colombiana Sebastopol S.A.S.

Location: Antioquia

2. Hidroituango 

Project type: Hydroelectric plant

Capex: US$4.37 billion

Installed capacity: 2.4 GW

Stage: Under construction

Owner: EPM

Location: Antioquia

3. Sucre energy hub

Project type: LNG import, regasification and storage terminal, thermoelectric power generation complex, transmission lines. 

Capex: US$4 billion

Stage: Environmental/social evaluation

Owner: Generación e Interconexión Eléctrica del Pacífico

Location: Sucre

4. Micay Hydro

Project type: Hydroelectric plant

Capex: US$1.9 billion

Installed capacity: 800 MW

Stage: Prefeasibility

Owner: Gestión y Diseños Eléctricos

Location: Valle del Cauca

5. La Luna 

Project type: Coal-fired thermoelectric power plant 

Capex: US$1.8 billion

Installed capacity: 1.125 GW

Stage: Awaiting construction decision

Owner: Central Termoeléctrica La Luna 

Location: Cesar

6. La Paz

Project type: Hydroelectric plant

Capex: US$1.25 billion

Installed capacity: 648 MW

Stage: Environmental/social evaluation

Owner: Universal Stream

Location: Caquetá

7. Aguadulce Energy Terminal

Project type: Natural gas generation, regasification, storage terminals

Capex: US$1 billion

Stage: Feasibility

Owner: Aguadulce LNG S.A.S.

Location: Valle del Cauca

8. Porvenir II Hydro

Project type: Hydroelectric plant

Capex: US$850 million

Installed capacity: 352 MW

Stage: Advanced design and engineering

Owner: Celsia

Location: Antioquia