hydropower

Optimising hydropower generation in Colombia

Sector: Clean Energy
Status: Active

Swedfund is financing a study to identify and prioritise opportunities to improve and modernise existing hydropower infrastructure in Colombia. The project is being carried out together with the municipally owned utility Empresas Públicas de Medellín E.S.P. (EPM) and builds on an earlier study financed by Swedfund.

The second phase covers eleven hydropower plants with a total capacity of approximately 1,513 MW. The study will look at how the plants can be upgraded to improve efficiency, make better use of water and increase flexibility. The results will help EPM identify and prioritise future investments.

Published: October 9, 2026Last updated: October 9, 2026

Facts

Date of signing
October 2026
Status
Active
Sector
Clean Energy
Sub-sector
Renewable hydropower
Region
South America
Country
Colombia

Project type
Feasibility study
Estimated project cost
10 MSEK

Project owner
Empresas Públicas de Medellín E.S.P. (EPM)

SDG in focus

Icon for UN Global goal 1 No poverty

No Poverty

End poverty in all its forms everywhere.

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Climate Action

Take urgent action to combat climate change and its impacts.

Value creation

Expected Impact

The project is expected to contribute to increased renewable energy generation, more efficient water use, longer lifetime of existing hydropower assets and greater flexibility in the power system. The study is also expected to help strengthen the resilience of hydropower generation to climate variability, including stronger El Niño events.

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