Thanks to the effort, commitment and enthusiasm of the 2,317 employees in Colombia, Peru, Brazil and Guatemala, we achieved the goals set in our Corporate Strategic Plan and continue to position ourselves as one of the leading groups in the energy chain in Latin America.
Dear shareholders:
We have many reasons to feel proud about the consolidated results of Grupo Energía Bogotá in 2019. Thanks to the effort, commitment and enthusiasm of the 2,317 employees in Colombia, Peru, Brazil and Guatemala, we achieved the goals set in our Corporate Strategic Plan (CSP) and continue to position ourselves as one of the leading Groups in the energy chain in Latin America.
It was a year in which we continued to expand our borders and in which we strengthened our international expansion with the successful acquisition of the Electro Dunas Group, thus entering the electric energy distribution sector in Peru. We also doubled our stake in energy transmission in Brazil by initiating the process of acquiring the company Argo, jointly with the Spanish company Red Eléctrica Internacional.
We consolidated our Transmission Branch, which is currently developing nine projects, including Colectora. In this we have one of the most important processes of prior consultation underway, with 235 ethnic communities on the Caribbean Coast with whom we have built genuine ties of trust. This project will also be of vital importance to transport the energy we will produce in the large wind farms of La Guajira to the rest of the country.
In Guatemala we continue to consolidate our stake in the electricity sector, where we are the largest private carrier. In Colombia and Peru we have maintained our leadership in gas transport.
All this led us to achieve historical income and profits, and to record stock price levels for the company's history.
For us (Grupo Energía Bogotá, affiliates and employees) the most important thing is to build energy infrastructure with Social Awareness, which translates into bringing progress and well-being to the communities in the territories where we are present with our natural gas transmission and transport projects and assets.
Therefore, one of our pillars of growth is Sustainability, which is the ability to understand and manage the environment, innovate and adapt our businesses, thus creating profitability and sharing social and environmental benefits in the territories where we operate, all in favor of the next generations. Another central pillar of growth is solid and robust Corporate Governance, which has allowed us to be more efficient and competitive.
We attained great recognition in 2019. Dow Jones highlighted us as the gas company with the best performance in terms of Sustainability, and Great Place to Work recognized our work environment for having reached a very satisfactory level, above the companies in the sector.
These recognitions are the result of the effort and dedication of our employees, who drive this Group to continue bringing progress to the communities where we are present, always with the slogan Life Comes First, which reflects the commitment to the lives of our workers and to the goal of zero accidents in our operations.
The good results shown in this report reflect the commitment with which we are working, always focused on our values, competences and cultural attributes: Life Comes First, Social Awareness and Superior Performance.
These attributes, which are our differentiators, allowed us in 2019 to continue consolidating ourselves as a successful and competitive Group, one that works with passion to improve the lives of the millions of people we impact through our infrastructure.
These and many other achievements presented in this report encourage us to continue working with the same enthusiasm. To our employees, to the board members, directories and executive boards of the Group and its affiliates in Colombia, Peru, Guatemala and Brazil we say thank you!
Show your good energy!