Interconexión Eléctrica (ISA) Q4 2025 earnings summary

Executive summary

• Achieved strong operational and financial performance in 2025, with a focus on energy transition, sustainability, and disciplined strategy execution under the ISA 2040 strategy.

• Investments reached COP 6.3 trillion, up 31% from 2024, with a five-year plan of COP 25.5 trillion.

• Major projects were energized in Colombia, Brazil, Chile, and Peru, with significant progress in roads and telecommunications.

• Leadership transition occurred with the appointment of an interim president following the annulment of the president's election, ensuring operational continuity.

• Recognized for sustainability, innovation, and workplace excellence, including high scores in Dow Jones Sustainability Index and ALAS20 ranking.

Financial highlights

• EBITDA reached COP 8.7 trillion, down 11% year-over-year due to special events; adjusted EBITDA grew 8% to COP 9.6 trillion.

• Net profit was COP 2.4 trillion, down 14% year-over-year; adjusted net profit increased 5% to COP 2.8 trillion.

• Investments totaled COP 6.3 trillion, up 31% from 2024, marking a historical execution pace.

• Dividend payout of COP 1.4 trillion (COP 1,265 per share); proposed 50% payout of net profit for 2025.

• Stock price rose 48% with a total shareholder return of 55% including dividends.

Outlook and guidance

• Investment plan for 2026–2030 set at COP 25.5 trillion, with 29 projects under construction.

• Strategy aims to multiply 2024 EBITDA by more than 2x and expand into new geographies and businesses.

• Focus on energy transition, renewable integration, digital infrastructure, and expansion in Latin America.

• Continued commitment to sustainability and innovation, targeting net zero and expanding energy solutions.

• Commitment to maintain a 50% payout ratio for dividends, balancing reinvestment and shareholder returns.