Colombia has sought to improve its energy efficiency in recent years, but little progress has been made in this area. The Energy Mining Planning Unit (UPME) conducted a study on the cost of energy inefficiency in the country.
The Colombian government presented the National Development Plan (PND) a few months ago and this strategy generated discussions in several economic sectors of the country. Energy industry associations have pronounced about some articles of this plan.
Brookfield had announced an agreement with the Colombian state for the acquisition of EBSA in December 2012. Now, Northland Power has announced a purchase contract with Brookfield to acquire the Colombian company.