Boston, MA -- (SBWIRE) -- 02/03/2014 -- The government launched its plan to sell its stake in electricity provider Isagen this quarter. The move, which could raise up to COP5trn (US$2.6bn), should help fund infrastructure investment once August 2014's presidential elections are complete - but critics fear that this money will end up being used elsewhere. Just a few days after the first phase of the sale, press reports stated that five companies had expressed an interested in acquiring a stake in the firm. This is positive, illustrating the opportunities presented in Colombia's growing power market, and its appeal to both domestic and foreign investors. Overshadowing this optimism are ongoing concerns about security. The distances between urban, electricity-consuming populations and sources of hydroelectric power are great, and the FARC considers many of these parts of the country to be under their control. Sabotage of power infrastructure projects is, unfortunately, commonplace.
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