Potential offtaker

Grupo Energía Bogotá S.A. ESP

www.grupoenergiabogota.com

Estimated electricity consumption

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Countries of production presence

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Grupo Energía Bogotá S.A. ESP is a Colombian company that operates in the gas distribution sector. The company has a long history of providing reliable and affordable energy solutions to its customers. Grupo Energía Bogotá S.A. ESP has been at the forefront of the energy industry in Colombia, and it is committed to decarbonisation and the adoption of renewable energy sources.

The company's focus on decarbonisation is driven by its commitment to reducing its carbon footprint and contributing to the fight against climate change. Grupo Energía Bogotá S.A. ESP has set ambitious targets to reduce its greenhouse gas emissions, and it is actively pursuing a range of initiatives to achieve these targets. The company is investing in renewable energy sources such as solar and wind power, and it is also exploring new technologies such as carbon capture and storage.

In addition to its decarbonisation efforts, Grupo Energía Bogotá S.A. ESP is also committed to corporate energy management. The company has implemented a range of measures to improve energy efficiency and reduce energy consumption across its operations. These measures include the use of energy-efficient technologies, the adoption of best practices in energy management, and the implementation of energy-saving initiatives.

One of the key initiatives that Grupo Energía Bogotá S.A. ESP has implemented in recent years is the use of corporate power purchase agreements (PPAs). These agreements enable the company to purchase renewable energy directly from generators, thereby reducing its reliance on fossil fuels and supporting the growth of the renewable energy sector. Through its corporate PPAs, Grupo Energía Bogotá S.A. ESP has been able to secure a reliable and affordable source of renewable energy, while also contributing to the development of the renewable energy market in Colombia.

In addition to its focus on decarbonisation and corporate energy management, Grupo Energía Bogotá S.A. ESP is also actively involved in the development of renewable energy projects. The company has invested in a range of renewable energy projects, including wind farms and solar power plants. Through these investments, Grupo Energía Bogotá S.A. ESP is helping to increase the share of renewable energy in Colombia's energy mix, while also supporting the growth of the renewable energy sector.

Overall, Grupo Energía Bogotá S.A. ESP is a leading player in the Colombian energy sector, with a strong focus on decarbonisation, corporate energy management, and renewable energy. The company's commitment to sustainability and its proactive approach to energy management make it a model for other companies in the sector to follow. With its ambitious targets and innovative initiatives, Grupo Energía Bogotá S.A. ESP is well-positioned to continue leading the way in the transition to a low-carbon energy future.

✓ Science Based Targets member
✓ Declared Net Zero commitment