EPM spins off Atenea to refocus Afinia amid high energy losses and weak collections

Colombian utility EPM completed the spin-off of Atenea, a move aimed at allowing its subsidiary Afinia to concentrate financial resources on its core operations. The decision responds to a market characterized by energy losses exceeding 40% and collection levels near 60%, indicating severe operational and financial strain. The spin-off is a structural adjustment to isolate underperforming assets and improve Afinia's financial viability.

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