Español | English
Home Sustainability Strategy Superior Performance and Profitability

Superior Performance and Profitability

A Culture to Consolidate our Company by 2025

To fulfill the Mega goal that we established in our Corporate Strategic Plan (CSP), in 2019 we are working to develop organizational capabilities that make us different from other companies and good practices that make us more efficient.

(103-1) (103-2)

Why is it important?

Our culture of Superior Performance as a Corporate Group is based on four lines of work:

  • Develop capacities. Implement best practices. In this line of work, we developed the abilities to Managing Change and Digital Transformation.
  • Comply with goals. We align on common objectives and leverage the Corporate Group's goals.
  • Excellence and high standards. Technical, operating and financial excellence, which adapts with continuous improvement and highest quality standards.
  • Talent and people. We develop our employees and leaders, with 100% of their skills focused on achievement and teamwork.

How we manage it?

In 2019, with the aim of boosting the company's Superior Performance and meeting the objectives of our Mega 2025, we are prioritizing strategic actions in four perspectives on the strategic map:

We grow and expand


We acquired 100% of Dunas Energía, PPC Perú Holdings and Cantalloc Perú Holdings shares, thus entering the Peruvian electricity distribution business in the company that today is known as Electro Dunas. The transaction involved an investment of USD 260 million: we retained a 4% share of the Peruvian electricity distribution market and added 245,000 new customers.

En la región de Ica (Perú), tiene su centro de operaciones Electro Dunas. Foto Laguna de la Huacachina The operations center of Electro Dunas is in the region of Ica (Peru). Photograph of Huacachina Lagoon

Jointly with the Spanish company Red Eléctrica Internacional, we initiated the process of acquiring 100%, in equal shares, of the Brazilian company Argo. With this operation, which is in the process of being approved by the corresponding authorities, we will add 1,460 kilometers of transmission lines and 11 substations. Moreover, we increased our share in this market from 0.75% to 1.35%. Our objective is to build a major energy transmission platform in Brazil.

Torre de energía de la compañía brasileña Argo, que está en proceso de adquisición Electricity tower of the Brazilian company Argo, which is in the process of being acquired


Financial position and consolidated results

2018 2018 2018 2019 2019 2019 Net income Revenues EBITDA COP1.75* COP4.00 COP2.64 COP1.85 COP4.89 COP3.12 trillion trillion trillion trillion trillion trillion * Restated (102-48). (Same as the second page of the gatefold) 22.25% 18.18% 5.71% COP 13.1 trillion Equity COP 27.8 trillion Assets COP 14.2 trillion Liabilities


  • We will maintain the availability in the electricity transmission market in Colombia as we had in 2019 at 99.96%, weighted with income.
  • With the purchase of the transmission business in Brazil (in process) we will diversify our business lines and improve the operating margin.
  • We will continue to work with the affiliates to standardize processes related to SAP technology, as part of the Group's Digital Transformation.
  • We will follow up on the idea included in the Corporate Strategic Plan 2016-2025 to rethink the structure and GEB processes, thus fulfilling the mandate to create a branch office to separate the Transmission Business from the Group's operations.