The generation activities to be capitalized will include 2,448 MW of effective generation capacity including the hydroelectric generation units of Guavio, la Cadena Vieja, y la Cadena Nueva (1,150 MW, 482 MW and 581 MW of effective generation capacity respectively) and the coal electric generation of Termozipa (with an effective generation capacity of 236 MW).
The distribution and commercialization activities will include 1,115 Km of lines of 115 Kv, 18,569 Km of circuits of 345 Kv and 11,4 Kv and 27,150 nets of inferior voltage and in 1996 billed approximately 7,000 GHh of electricity to more that 1.4 million users (7 million people) in Santafe de Bogota.
Interconexion Electrica S.A. E.S.P . I.S.A. is also in the process of structuring the participation of private capital in the company, which would include the issuance of new shares in a full registered IPO in Colombia and abroad, with the purpose of raising private financing in order to undertake an important investment plan.
Prepared by Alejandro Linares and Gonzalo Alvarez from Gomez Pinzon & Asociados. These notes are intended to provide only a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
GOMEZ PINZON & ASOCIADOS Carrera 9 No. 73-24 Pisos 1, 2, 3 y5 Santafe de Bogota, Colombia Telephone: 571 - 310 7055/5066 Facsimile: 571 - 310 6646/6657 http://ourworld.compuserve.com/homepages/GOMEZP_LAW