CEO invests in energy

Company News    Oct 9, 2021 7:18 PM

One of the leading companies in power generation in Cauca, CEO, celebrated its 11th anniversary and talked about its investments in energy in this region.

The company highlighted that it has invested CoP$485B in the department and expanded electricity coverage to 94.3% for the 38 municipalities of Cauca, La Republica reported.

CEO’s Omar Serrano Rueda said that the company has managed to position itself in the region as one of the leaders in renewable energies through the construction of 58 solar energy projects with an installed capacity of 8.82MWp which represents the reduction of 4,800 tons of CO2 per year.

“In 11 years, we have modernized the electricity grid in the municipalities where we operate. The great commitment of the CEO family is to guarantee an affordable and non-polluting energy service, while contributing to the sustainable development of Cauca,” Serrano said.

Another of the company’s outstanding achievements has been the implementation of more modern metering and communication systems, such as smart lines and smart meters. Serrano said that this technology is available to more than 34,500 Cauca residents.

CEO’s social commitment is another of its main assets. The company has allocated to the department more than CoP$8.3B in education for life, productive projects, for causes associated with the pandemic, among others.

CEO generates 350 direct jobs and 1,200 indirect jobs, 80% of which are for locals.

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