Enel Colombia

What Enel Colombia does

Enel Colombia S.A. is a Colombian electricity utility and wholly-owned subsidiary of Italy's Enel Group, operating in the generation, marketing, and distribution of electric power across Colombia. Headquartered in Bogotá with 1,001–5,000 employees, the company distributes electricity to over 3.7 million customers — primarily residential and commercial consumers in Bogotá and surrounding areas — through Colombia's National Interconnected System (SIN). Its customer segments span residential households, urban Bogotá customers, and industrial/commercial energy consumers, with energy pricing regulated and overseen by Colombian government authorities.

The company's core technology footprint is anchored in solar photovoltaic generation and grid infrastructure, with hydropower referenced as a legacy generation source. Enel Colombia is developing one of the largest solar PV portfolios in Colombia and South America across the Atlántico department, comprising Guayepo I and II (combined 486 MW), Guayepo III (~180 MW), and the Atlántico solar park (180 MW, 403,920 panels across 415 hectares, ~525 GWh annual output). Together, these assets are expected to produce approximately 1,077 GWh of clean energy annually once fully operational, supplying over 1.5 million Colombians and reinforcing grid capacity for its existing 3.7 million customers. The Atlántico solar park is connected to the grid via a 3.5 km transmission line built by ISA Energia to the Sabanalarga substation.

Enel Colombia's business model is that of a regulated utility: revenue is generated through electricity tariffs set under government oversight, with no public pricing transparency available. The company's expansion has been heavily supported by European institutional capital — over $780 million in combined financing from the European Investment Bank (EIB), the European Union, and Italy's SACE export credit agency between 2024 and 2025 — including a USD 300 million synthetic local currency loan structured to neutralize exchange rate risk. A 2.84 billion peso fine from Colombia's Superservicios for price distortion on the energy exchange signals active regulatory scrutiny of the company's market behavior. As a private subsidiary within Enel Group's publicly listed parent structure, Enel Colombia operates within a tightly regulated domestic market while leveraging multinational backing for capital-intensive renewable expansion.

Name

Enel Colombia

Legal name

Enel Colombia S.A.

Website

https://enel.com.co

Company type

Private

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Enel Colombia S.A. is a Colombian electricity utility subsidiary of Italy's Enel Group that generates, distributes, and markets power to over 3.7 million residential and commercial customers across Bogotá and the Atlántico department via Colombia's National Interconnected System, with a 1,000+ MW solar PV expansion portfolio under construction.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Electric Power Transmission, Control, and Distribution (22112)

SIC

Electric Services (4911)

akta.pro primary industry

Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB)

akta.pro secondary industries

Network Upgrades & Capacity Additions (Reconductoring, Rebalancing, Voltage Optimization) (EUAEACAN), Transmission Interconnection & Line Works (Gen-Tie Lines, Overhead/Underground Lines) (EUAMAFAF), Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK)

Keywords

• Electricity generation
• Renewable energy
• Solar power plants
• Electricity distribution
• Grid infrastructure

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Technology or R&D, Personnel

Distribution channels1 record

Core offering

Enel Colombia S.A. generates, markets, and distributes electricity in Colombia through renewable energy assets including the Guayepo I, II, and III solar plants (combined ~666 MW) and the Atlántico Solar Park (180 MW), along with hydropower generation and grid infrastructure serving the National Interconnected System. The company supplies electricity to over 3.7 million customers, primarily in Bogotá and the Atlántico department, and is a wholly-owned subsidiary of Italian energy company Enel Group.

Product overview

Enel Colombia operates as a renewable energy company offering solar photovoltaic power generation and grid infrastructure services. The company's product portfolio consists of distinct solar generation assets—Guayepo I and II (combined 486 MW), Guayepo III (~180 MW), and the Atlántico solar park (180 MW)—alongside power grid improvements. These projects collectively advance Colombia's energy transition goals, with the solar plants being among the largest in South America.

Differentiator

Problem solved

Functional benefit

Products and services

• Atlántico Solar Park 180 MW solar photovoltaic facility in the Atlántico department with 403,920 solar panels across 415 hectares, producing approximately 525 GWh of clean electricity annually for delivery to Colombia's National Interconnected System.
• Guayepo I and II Solar Plants Combined 486 MW solar photovoltaic plants in the Atlántico department, the largest solar park in Colombia, connected to grid upgrades serving over 3.7 million customers in Bogotá.
• Guayepo III Solar Project Solar photovoltaic project in Colombia's Atlántico region contributing approximately 180 MW of capacity to the combined Guayepo III and Atlántico development, intended to supply renewable electricity to over 1.5 million Colombians.
• Electricity Distribution Service Regulated electricity distribution service delivering power to over 3.7 million residential, commercial, and industrial customers in Bogotá and the Atlántico department through the National Interconnected System.
• Grid Infrastructure Upgrades Power grid improvement program financed through a USD 300 million synthetic local currency loan facility from the EIB and SACE, supporting transmission infrastructure, electric mobility infrastructure, and the integration of new renewable generation into the grid.

Quantifiable outcome

• 1,077 GWh of renewable energy generated annually from combined Guayepo III and Atlántico projects
• +5 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• ISA EnergiacoreStrategic or Co-development Partner · 5 March 2026ISA Energia constructed the 3.5 km transmission line and associated equipment linking the Atlántico solar park to the Sabanalarga substation, enabling grid integration of the 180 MW facility.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Celsia: Colombian multi-energy utility (subsidiary of Grupo Argos) operating generation, transmission, and distribution assets across Colombia, with a growing renewable portfolio. Directly comparable to Enel Colombia in market, customer segments, and generation mix.
• Empresas Públicas de Medellín (EPM): One of Colombia's largest multi-utility groups providing electricity generation, transmission, and distribution primarily in Antioquia. Comparable to Enel Colombia as a vertically integrated Colombian utility with hydro-led generation.
• Isagen: Colombian state-controlled power generator focused primarily on hydropower with some renewable expansion. Directly comparable as a domestic generator competing for share of Colombian wholesale electricity supply.
• AES Colombia: Subsidiary of AES Corporation operating generation and distribution assets in Colombia, including the Chivor hydro plant and Bogotá-area distribution. Direct competitor in both generation and Bogotá/Cundinamarca distribution markets.

Broad incumbents

• Enel Américas: Regional Enel Group entity operating utilities across Argentina, Brazil, Chile, Colombia, and Peru. Closely related to Enel Colombia as a sister entity within the same parent group with overlapping geographic exposure.
• Enel Group: Italian multinational parent of Enel Colombia and one of the world's largest integrated utilities with extensive renewable operations. Provides the strategic, capital, and technology backdrop against which Enel Colombia operates.
• Iberdrola: Spanish global utility with growing Latin American renewable presence. Comparable as a large European integrated utility pursuing renewable build-out in emerging markets and competing for capital allocation.
• Engie (GDF Suez): French global energy group with significant Latin American renewable operations (Brazil, Chile, Mexico, Peru). Comparable as a broad incumbent utility expanding renewables across LATAM markets.

Emerging players

• EDF Renewables: Subsidiary of EDF group focused on renewable energy development with growing LATAM presence. Comparable as an emerging renewable player in Latin America that competes for similar EU-backed financing and project pipelines.
• Statkraft: Norwegian state-owned renewable energy company expanding into Latin America (Brazil, Chile, Colombia). Comparable as a European-backed renewable developer entering Colombian market with hydropower and wind expertise.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/enelcolombia
• Facebookfacebook.com/EnelColombia
• LinkedInlinkedin.com/company/enel-colombia

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Enel Colombia