Celsia invests COP 400 million: what it means for Celsia stock

Published on 10/02/2026 at 01:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Celsia's Venadillo upgrade serves 4,717 customers as of September 22, 2026. For Celsia stock, two Tolima projects total COP 800 million.

Celsia, COT60PA00038, Illustration mit AI erstellt.

Celsia (ISIN COT60PA00038) reported a COP 400 million investment in the Venadillo substation in a company release dated September 22, 2026. The upgrade is designed to improve electricity reliability and response capacity for 4,717 customers in Tolima.

What COP 400 million means

According to Celsia on September 22, 2026, the project modernized the 34.5-kilovolt Venadillo substation and adds flexibility for load transfers, maintenance and fault isolation. A second substation project in Alvarado brings the combined investment in the two works to COP 800 million.

The project gives the utility additional capacity to serve demand growth in Venadillo and prepare future network expansions. For investors, the operational angle is concrete: the company connects the spending to fewer affected customers and shorter interruptions rather than presenting the project as a standalone construction milestone.

Revenue fell in fiscal 2025

Historical fiscal 2025 figures show the financial pressure behind the infrastructure spending. Investing.com lists revenue of COP 5.395 trillion for fiscal 2025, down 20.74 percent from COP 6.807 trillion in fiscal 2024.

The same historical statement shows net income of COP 206.406 billion in fiscal 2025, down 7.01 percent from COP 221.968 billion in fiscal 2024, while EBITDA increased 12.25 percent to COP 1.626 trillion. That combination makes operating cash generation and debt management important complements to the company's grid reliability program.

Stock reflects rate sensitivity

Celsia closed at COP 4,800 on the BVC on October 1, 2026, down 2.34 percent. Rio Times reported that rate-sensitive Colombian shares weakened after the central bank raised its policy rate to 12.25 percent.

Investing.com shows a 52-week BVC range of COP 4,300.00 to COP 6,510.00 as of September 18, 2026. The October 1 close therefore stood COP 1,710.00 below the reported 52-week high, leaving the operating investment story set against a stock that remains sensitive to financing conditions.