Energia de Pereira

What Energia de Pereira does

Energía de Pereira (Empresa de Energía de Pereira S.A. ESP) is a mixed public-private electric utility incorporated in Colombia, with 51% ownership held by the Municipality of Pereira. The company performs generation, distribution, and commercialization of electrical energy, serving approximately 248,000 regulated users across Pereira and Cartago under a 20-year Cartago concession (since 2020). It also operates in the non-regulated market through a field sales team serving 87 large commercial and industrial customers across 16 Colombian departments. Its generation portfolio includes two hydroelectric plants (Libaré and Belmonte) under a CARDER water concession on the Río Otún, plus a 6.2 MWp mountain-side solar farm (Granja Solar, 15,600 panels) — the largest of its kind in the Coffee Region — and approximately 25,000 solar panels installed across institutional customers. The Meep subsidiary operates 12 electric vehicle charging stations across a 256 km electrocorridor, with partnerships including Autogermana (BMW, MINI). Infrastructure assets include 1,486 transformers and the modern Subestación Altagracia (vacuum technology, vegetable-oil, SF6-free).

The business operates two principal revenue streams: (1) regulated market electricity sales (~78% of sales volume) priced under CREG tariff methodology and billed monthly, and (2) non-regulated market commercialization to large users with demand above 0.1 MW or 55 MWh/month (~22% of sales) at freely negotiated prices. A third professional services stream covers solar panel installations for institutions such as airports, universities, hospitals, and commercial centers. GTM motion is field-sales-led for enterprise accounts and direct/digital for mass-market regulated customers. The company reported a 2026 operating margin projection of up to 25%, an AA+ credit rating from BRC Ratings S&P Global (elevated from AA in April 2026), and approximately 70 billion COP of annual investment planned for 2025–2027 to strengthen service quality.

Name

Energia de Pereira

Legal name

EMPRESA DE ENERGIA DE PEREIRA S.A. ESP.

Website

https://eep.com.co

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Energía de Pereira is a mixed public-private Colombian electric utility that generates, distributes, and commercializes electricity to ~248,000 regulated users in Pereira and Cartago, while selling to 87 large industrial/commercial customers across 16 departments via its non-regulated market business.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Distribution (221122)

SIC

Electric Services (4911), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Investor-Owned Electric Distribution Utilities (IOUs) (EUADABAA)

akta.pro secondary industries

EV Charging Operations & Parking-Lot Electrification Management (BPABAKAK), EV Charger Operations, Maintenance & Field Service (O&M) (TLAKAMAF)

Keywords

• Electric power distribution
• Renewable energy generation
• Electric mobility services
• Solar panel installation
• Commercial energy sales

Headquarters

HQ city

Buffalo Grove

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Regulated Market Electricity Sales: Sale of electricity to regulated users (residential and commercial) subject to CREG tariff methodology. Approximately 78% of total sales volume. Serves around 248,000 users in Pereira and Cartago.
2. Non-Regulated Market (Mercado No Regulado): Electricity commercialization to large users with demand exceeding 0.1 MW or monthly consumption of 55 MWh. Currently serves 87 users representing approximately 22% of total sales. Prices agreed freely between buyer and seller.
3. Solar Panel Installation Services: Installation of solar photovoltaic systems for institutions and businesses including airports, universities, hospitals, and commercial centers. Near 25,000 panels installed across various locations.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Energía de Pereira is a mixed public-private electric utility that performs generation, distribution, and commercialization of electrical energy, serving approximately 248,000 users in Pereira and Cartago and operating in 16 departments across Colombia under both regulated (CREG-tariff) and non-regulated (freely negotiated) markets. The company also provides solar photovoltaic installation services to institutions and businesses, and operates the MEEP electric mobility charging network. Revenue is anchored in regulated residential and small commercial supply (~78% of sales) and non-regulated large commercial and industrial supply (~22% of sales, 87 users), with growing investments in renewable generation (two hydroelectric plants, the 6.2 MWp Granja Solar farm) and electric mobility infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• Meep (Movilidad Eléctrica Energía de Pereira): Electric mobility brand operating charging stations for electric vehicles, motorcycles, scooters, and bicycles. Includes an electrocorridor connecting 256 kilometers across the Coffee Axis (Eje Cafetero) with charging stations in Manizales, Santa Rosa de Cabal, and Filandia.

Products and services

• Regulated Market Electricity Supply (Mercado Regulado) Sale of electricity to residential and small commercial users subject to the CREG tariff methodology, serving approximately 248,000 users in Pereira and Cartago. Tariffs are published monthly and represent approximately 78% of total sales volume.
• Non-Regulated Market Electricity Supply (Mercado No Regulado) Electricity commercialization to large commercial and industrial users with demand exceeding 0.1 MW or monthly consumption above 55 MWh, with freely negotiated prices. Currently 87 users representing approximately 22% of total sales, including GHL hotels (Sheraton, Sonesta, Four Points by Sheraton) and other large accounts across 16 departments.
• Solar Photovoltaic Installation Services
• MEEP Electric Mobility Services (Movilidad Eléctrica Energía de Pereira) Electric vehicle charging network including fast charging stations for automobiles, motorcycles, bicycles, and scooters, with 12 charging stations and a 256 km electrocorridor connecting Manizales, Santa Rosa de Cabal, and Filandia through the Coffee Region.
• Hydropower Generation (Libaré and Belmonte Plants) Two hydroelectric generation plants (Libaré and Belmonte) operating under a concession agreement with CARDER using water from the Río Otún, supplying renewable generation into the company's energy mix.
• Subestación Altagracia Electrical Infrastructure Modern electrical substation in southern Pereira with vacuum technology and vegetable oil transformers (no SF6 gas), separating rural and urban circuits to reduce interruptions and improve service quality for tens of thousands of users.
• Granja Solar Mountain-Side Solar Farm Large-scale mountain-side solar farm in the Coffee Region with 15,600 panels and 6.2 MWp installed capacity, generating 10 GWh/year and serving as the company's flagship renewable generation asset, contributing to 13,000 MWh/year of total solar output and 5,800 tonnes of CO2 avoided annually.
• Electricity Billing and Customer Service Platforms Digital and in-person customer service including online bill payment, digital invoicing, new connection matriculation, PQRs (petitions, complaints, and claims) handling, and self-generator registration, supporting both residential and commercial customers.

Quantifiable outcome

• Service quality 294% better than national average
• +4 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• EMCATAGOcoreStrategic or Co-development PartnerStrategic alliance selected in 2020 through a public process to operate energy service in Cartago for 20 years. Handles Cartago's urban center, corregimientos of Santa Ana, Zaragoza, Cauca, El Guanábano, rural areas near Río Cauca, Cruces in Obando, and Puerto Caldas.
• MET GroupcoreStrategic or Co-development PartnerPartnership for e-Riders innovation challenge, the first open innovation competition of Energía de Pereira. Competition for sustainable mobility solutions including electric skateboards powered by renewable energy. Seven-month project with university teams.
• AutogermanacoreStrategic or Co-development PartnerPartnership for electric vehicle charging stations. Autogermana represents BMW, MINI, and BMW MOTORRAD brands. Two new charging stations installed at Castilla Plaza and Cerritos del Mar shopping centers. Investment of 80 million pesos for EV charging infrastructure.
• Autopistas del Café, CHEC, EDEQcoreStrategic or Co-development PartnerJoint venture for the electric mobility electrocorridor (256 km) connecting Manizales (Tambo La Manuela), Santa Rosa de Cabal (El Privilegio), and Filandia (Jardín Filandia) through the Coffee Region, facilitated by Autopistas del Café highway.
• Centro Comercial Castilla Plaza and Centro Comercial Cerritos del MarcoreStrategic or Co-development PartnerHost locations for electric vehicle charging stations as part of the MEEP mobility network. Strategic positioning in growing areas and for visitors arriving from Valle del Cauca.
• CARDER (Corporación Autónoma Regional de Risaralda)coreOthersConcession agreement for water usage from Río Otún for hydroelectric generation (Libaré and Belmonte plants). Also environmental oversight and recognition partner for sustainability initiatives.
• Bureau VeritasminorOthersInternational certification body that awarded Carbono Neutral certification to Energía de Pereira, the first company in Pereira to achieve this certification.

Scale indicators20 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• EPM (Empresas Públicas de Medellín): Colombia's largest mixed-ownership multi-utility (generation, distribution, gas, water). Closest structural peer to EDP — same regulated/unregulated dual model, same municipal-style ownership and integrated value chain — but operating at vastly larger scale.
• Celsia: Colombian vertically integrated power company combining generation (renewables-heavy) and distribution across multiple departments. Directly comparable to EDP on the regulated distribution plus non-regulated commercial GTM and similar renewable generation profile.
• Emcali (Empresas Municipales de Cali): Municipal multi-utility in Cali providing electricity (and water/telecom) under a similar mixed-ownership structure. Comparable to EDP on regulated tariff exposure, scale (mid-tier municipal utility), and urban-concentrated service area.
• Enel Colombia (formerly Codensa / Emgesa): Enel group's Colombian platform covering Bogotá/Cundinamarca distribution and large-scale generation. Most significant regulated-distribution competitor in the non-regulated national market where EDP also operates.
• Afinia: Caribbean-region distribution operator serving Bolívar, Cesar, Córdoba, Sucre and Magdalena under a concession model structurally similar to Air-e, which EDP itself operates — so directly comparable on regulated franchise, capex programme, and loss-reduction playbook.

Broad incumbents

• GEB (Grupo Energía Bogotá): Bogotá-based energy conglomerate spanning transmission, distribution and gas. Overlaps with EDP in Colombia-wide electricity commercialization and infrastructure but operates a broader, larger portfolio across multiple segments.
• ISA (Interconexión Eléctrica S.A.): Regionally dominant power-transmission group active across Latin America. Comparable as a Colombian incumbent in the broader electricity value chain though primarily transmission-focused rather than distribution-and-retail.

Regional players

• CHEC (Central Hidroeléctrica de Caldas): EPM-owned distribution and hydropower operator in the Coffee Region (Caldas) — EDP's geographic neighbour. Direct overlap on Coffee Region electrocorridor and joint venture partner on EV mobility infrastructure (MEEP).
• EDEQ (Empresa Distribuidora del Quindío): Department-level distribution utility in Quindío, sharing the Eje Cafetero territory with EDP. Comparable on regulated-tariff distribution and a Coffee Region joint venture partner in the MEEP electrocorridor.
• ESSA (Electrificadora de Santander): Department-level distribution operator in Santander. Similar mid-tier size and structure to EDP; useful comparable for benchmark on non-regulated market expansion, regulated tariff trajectory, and operating efficiency in Colombia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/EnergiaPereira
• LinkedInlinkedin.com/company/shorewood-development-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 Energia de Pereira