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IDB Approves $1 Billion USD for Colombia's largest Hydro Project

BOGOTA, Colombia

The Inter-American Development Bank (IDB) has approved a $1 billion loan package for Empresas Públicas de Medellín (EPM) to build the largest hydropower project in Colombia. The 2400MW Ituango hydropower facility is located in the northern region of Antioquia and will represent approximately 18% of the country’s total installed power capacity will complete.