The IDB launches consultancy tender for hydrogen development in Colombia

IDB has called for expressions of interest in a consultancy contract that would provide a blueprint for the development of Colombia's nascent hydrogen industry. Interested firms have until December 24 to register for the selection process, according to documents published on the development bank's website. The successful company will be tasked with evaluating the competitiveness of blue and green hydrogen and identifying applications for their use. The consultancy tender launch comes less than a week after Colombian energy minister Diego Mesa met with his Chilean counterpart Juan Carlos Jobet in Bogotá to discuss joint efforts to incorporate hydrogen in the regional energy mix.

Primax opens $58.5 mn bond sale in Colombia

Primax Colombia, a subsidiary of the service station business owned by Peru's Alicorp, offered up to $58.5 million worth of five- and 10-year bonds in the local market on Tuesday. The Bogotá-based company said it will use the IPC consumer price index to price the five-year notes, while it will issue the 10-year notes in inflation-linked UVRs at a fixed rate. It could increase the size of the deal by up to COP50 billion to meet demand, it said in a prospectus.

Amendments to credit payment terms in Colombia reached $9.6 bn

The Financial Superintendency of Colombia provided the progress of the contingency measures that the National Government led to meet the needs of those who have not been able to meet their obligations on account of the pandemic. According to the report, between August 1 and December 9, loans totaling $ 33 billion have been redefined within the framework of the Debtor Support Program (PAD). This amount represents support for of 1.78 million debtors, between natural and legal persons.

Liberty Latin America in talks over Telefonica assets in Colombia, Ecuador

Liberty Latin America (LLA), the regional operator whose backers include US cable billionaire John Malone, is considering the takeover of Telefonica’s businesses in Colombia and Ecuador, people with knowledge of the matter have informed Bloomberg. The companies have already held talks over a potential deal, the sources indicated, and deliberations are ongoing, although there is no certainty that they will result in a transaction.