Interconexión Electrica S A E S P : ISA will pay 45% of its profits to its shareholders in dividends
April 31, 2020 at 07:06 pm EDT
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The company will pay a dividend of COP 675 per share. The total disbursement will increase to COP 747.683 million, the highest amount paid so far.
For the fourth consecutive year, the Group obtained the best historic results: a net income of COP 1,64 trillion and a ROE of 13.2%.
ISA and its companies invested COP 2,6 trillion (USD 784 million) in 2019, of which 33% were invested in Colombia.
ISA's social investment in 2019 increased to USD 23.5 million and the environmental investment exceeded USD 9 million.
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ISA - Interconnection Electric SA ESP published this content on 31 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2020 23:05:03 UTC
Interconnection Electric SA ESP (ISA) is a Colombia-based company engaged in the transmission of electric power. The Companyâs business is structured into five divisions: Electric Energy Transport, operating a network of high-voltage transmission circuits in Colombia, Peru, Bolivia and Brazil; Smart Management of Real Time Systems, which manages the facilities of the National Interconnected System (SIN), Commercial Settlement System (SIC), Wholesale Energy Market (MEN) and International Electricity Transactions (TIE); Construction of Infrastructure Projects, which include the development of high-voltage and fiber-optic transmission networks; Telecommunications Transport, which is involved in the leasing of the Companyâs transmission networks to other operators, and Road Concessions, which focuses on the construction, management and exploitation of highways, toll roads and other related infrastructure. On September 30, 2013, the Company established a subsidiary, Intercolombia SA ESP.