Colombia will grant $78.6 mn in credits to energy and gas service providers

Colombia´s Territorial Development Bank (Findeter), with support of the Ministry of Mines and Energy and the Ministry of Finance and Public Credit, launched a rediscount line of credit called Commitment Pspd Energy and Fuel Gas. This measure seeks to benefit official, mixed and private home public service providers of electric power and fuel gas with $78.6 million worth of loans for liquidity and working capital. Funds will allow to finance the deferral of the bills of lower income residential users.

Source: Valora Analitik