Interconexión Eléctrica S.A. E.S.P. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 03, 2022
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Interconexión Eléctrica S.A. E.S.P. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was COP 2,766,356 million compared to COP 2,365,374 million a year ago. Net income was COP 431,380 million compared to COP 507,935 million a year ago.
Interconnection Electric SA ESP (ISA) is a Colombia-based company engaged in the transmission of electric power. The Companyâs business is structured into five divisions: Electric Energy Transport, operating a network of high-voltage transmission circuits in Colombia, Peru, Bolivia and Brazil; Smart Management of Real Time Systems, which manages the facilities of the National Interconnected System (SIN), Commercial Settlement System (SIC), Wholesale Energy Market (MEN) and International Electricity Transactions (TIE); Construction of Infrastructure Projects, which include the development of high-voltage and fiber-optic transmission networks; Telecommunications Transport, which is involved in the leasing of the Companyâs transmission networks to other operators, and Road Concessions, which focuses on the construction, management and exploitation of highways, toll roads and other related infrastructure. On September 30, 2013, the Company established a subsidiary, Intercolombia SA ESP.