Interconexión Eléctrica (ISA) Q4 2024 earnings summary

Executive summary

• Operated over 50,000 km of transmission lines and expanded with new energy and road projects totaling USD 859 million, solidifying a leading position in Latin America.

• Commissioned projects worth USD 772 million and executed COP 4.8 trillion in investments, advancing 38 projects and energizing 15 energy transmission projects.

• Entered Panama with a major road concession and expanded operations in Chile and Peru.

• Launched the ISA2040 strategy and innovation programs like INNDIGO and ConectiVIDAD para Cambiar Vidas.

• Focused on sustainability, ratifying carbon neutrality certification and participating in COP 16.

Financial highlights

• Consolidated revenues reached COP 15.8 trillion in 2024, up 12% year-over-year; EBITDA was COP 9.7 trillion, up 7%; net income closed at COP 2.8 trillion, up 14%.

• Dividend per share recommended at COP 1,265, a 14% increase over the previous year, with a yield of 7.2%.

• Debt balance at COP 34.5 trillion, up 11% from 2023, with a debt/EBITDA ratio of 3.8x.

• ROAE stood at 17% for 2024.

• Dividend payments totaled COP 2.1 trillion in 2024.

Outlook and guidance

• Backlog of COP 26.1 trillion in awarded projects for 2025–2030, with 83% in energy, 14% in roads, and 3% in telecom.

• CapEx execution planned at COP 7 trillion in 2025 and 2026, tapering in subsequent years.

• Continued focus on regional expansion, energy transition, and sustainable value creation.

• Strategy update to ISA2040 to be shared in March 2025.