What EPM does

Empresas Públicas de Medellín E.S.P. (EPM) is a Colombian state-owned multi-utility enterprise founded in 1955 and headquartered in Medellín, fully owned by the Municipality of Medellín. The company provides integrated public utility services spanning electricity generation and distribution, water, and gas, and historically operated in telecommunications through its subsidiary UNE EPM Telecommunicaciones. Its operational footprint is concentrated in Colombia, serving residential, commercial, and industrial energy and infrastructure users across the country.

EPM's core asset base includes large-scale hydroelectric and energy infrastructure, most notably the Hidroituango hydroelectric project, alongside ongoing investments in solar generation and grid modernization. The company does not sell software or technology products; its offering is the physical delivery of utility services via owned infrastructure networks. The most recent disclosed strategic activity centers on a US$3.7 billion investment plan for 2026 targeting infrastructure and energy transition projects, a co-developed 400MW solar project with Erco Energía and a European investor (up to US$400 million), and the divestiture of its remaining stake in UNE EPM Telecommunicaciones to Millicom for approximately US$571 million (expected close January 29, 2026).

As a state-owned enterprise, EPM's revenue mechanics are driven by regulated and unregulated tariffs on utility consumption across Colombia's mass market, supplemented by returns on infrastructure investments. Its business model is therefore capital-intensive, utility-rate-regulated, and politically aligned with municipal and national development priorities, including energy security and the energy transition.

Note on data conflict: the firmographic block in the input describes "EPM" as a US-based IT services firm (goepm.com, San Juan Capistrano, 51-100 employees, founded 2016, CEO Amer Otri). This profile is inconsistent with the detailed transaction, investment, and project-level data in the remaining sources (Colombian multi-utility, founded 1955, US$3.7B plan, Hidroituango, UNE/Millicom). The analysis below is grounded in the Empresas Públicas de Medellín profile, which is supported by the bulk of the evidence and aligns with the public record; the contradictory US-firmographics appear to be a misattributed entity.

Name

EPM

Legal name

Empresas Públicas de Medellín E.S.P.

Website

https://goepm.com

Company type

Private

Founded year

1955

Operating status

Operating

Headcount range

51–100 employees

Short description

EPM (Empresas Públicas de Medellín) is a Colombian state-owned multi-utility company providing electricity, water, gas, and infrastructure services across Colombia, owned by the Municipality of Medellín.

Ownership category

akta.pro rank

Product category

Managed IT Services

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Enterprise Content Management (ECM) Suites (HDAEAGAB)

akta.pro secondary industry

Enterprise Service Management (ESM) Platforms (HDAEALAB)

Keywords

• Managed IT services
• Hardware procurement
• Printing solutions
• Real-time reporting
• Technology management

Headquarters

HQ city

San Juan Capistrano

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

EPM is an IT company that delivers hardware procurement, printing solutions, real-time reporting, and technology management services to business clients. The company supports organizations with end-to-end technology infrastructure needs, from equipment supply to ongoing systems management and operational reporting.

Product overview

EPM (Empresas Públicas de Medellín) is a Colombian multi-utility company operating in the energy, water, and telecommunications sectors. The company manages infrastructure projects including the Hidroituango hydroelectric project, develops solar energy projects in partnership with Erco Energía, and has historically operated telecommunications through its UNE EPM Telecommunicaciones subsidiary. The provided source data does not contain specific information about EPM's product portfolio, software offerings, or technology platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Hardware Solutions

Quantifiable outcome

• 400MW solar project capacity to address electricity deficit
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Erco EnergíacoreStrategic or Co-development PartnerEPM agreed with Erco Energía and a European investor to develop a 400MW solar project in Colombia with up to US$400 million investment. The project aims to address Colombia's electricity deficit and reduce blackout risks amid possible El Niño impacts. EPM may acquire a majority stake after meeting technical, regulatory, and financial conditions.
• MillicomcoreStrategic or Co-development PartnerEPM secured 100% of its remaining shares in UNE EPM Telecommunicaciones for approximately US$571 million from Millicom. This transaction represents EPM acquiring full ownership of its telecommunications subsidiary, expected to close by January 29, 2026.

Scale indicators3 records

Expansion highlights4 records

Direct peers

• Ricoh USA: Major MPS and workplace services provider offering hardware, print management, and IT services — closely aligned with EPM's combined hardware + print + technology management positioning.
• Konica Minolta: Provider of multifunction printers, managed print services, and IT services including real-time fleet reporting — directly overlaps with EPM's hardware + reporting + tech management bundle.
• Sharp Electronics: Multifunction printer OEM and managed services provider with a similar SMB/mid-market focus on hardware plus managed document and IT services.
• Toshiba Tec (Toshiba Business Solutions): Multifunction printer OEM with managed print and document solutions targeting mid-market and enterprise; comparable product breadth and channel orientation.
• Lexmark: Imaging solutions and MPS provider serving mid-market and enterprise customers with hardware and managed services — a comparable channel and product mix to EPM.
• Xerox: Global incumbent in managed print services and document management hardware. Directly comparable to EPM's print and document-focused offerings, though at vastly larger scale and with deeper R&D.

Broad incumbents

• CompuCom: Managed IT services and workplace solutions provider covering endpoints, networking, and end-user support — adjacent in scope and customer profile to EPM.
• HP (Hewlett-Packard): Dominant hardware OEM with a managed print services arm (HP Managed Print Services) and broader device-as-a-service offerings; competes with EPM in print and endpoints but as part of a much wider portfolio.
• Kaseya: IT management platform serving MSPs and mid-market IT teams with RMM, security, and back-office tools; overlaps with the 'technology management' half of EPM's offering.

Emerging players

• ConnectWise: PSA/RMM platform for managed service providers; not a direct service competitor but a core technology enabler for IT and print management service businesses of EPM's size.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 EPM