AGP Executive Report
Last update: an hour agoClean Energy Auction: Colombia awarded 270 MW of solar plus 100 MW of battery storage in its first long-term clean energy auction, using a hybrid solar-plus-storage model to cover peak demand, with 15-year contracts starting delivery in 2030. Construction Watch: Despite recovery elsewhere, Colombia’s housing market keeps sliding: first-half 2026 home sales fell 9.9% and housing starts dropped 19.6%, deepening the sector’s stalled cycle. Currency & Industry Costs: The Colombian peso strengthened as the dollar fell sharply, with analysts warning the rate could test the 3,000-peso floor again. Digital & Shared Services: Auxis opened a new Bogotá KPO center, aiming to grow to 700+ staff to support finance, HR, customer support, IT and AI-enabled operations for U.S. clients. Industrial Security & Compliance: Nuberg EPC delivered a chlorine absorption system for Brinsa S.A. in Zipaquirá, with commissioning planned for October 2026. Energy Transition Context: The World Bank’s climate lending target shift sparked debate over whether multilateral priorities are still aligned with global public goods like climate action. Entertainment Economy: Colombia’s gambling industry now tops 2% of GDP, driven by online betting and the 2026 World Cup.
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