Colombia · Country watch

ISA Board Changes, Energy Supply Scrutiny

ISA reforms board selection; energy suppliers face compliance checks.

Florent Kalfon · 28 October 2026 · 6 articles read

The picture Stable How this is judged →

Business conditions in Colombia remain stable with ISA's board changes and energy supply scrutiny. Security operations in Bogotá may improve local conditions.

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In this briefing Superintendence of Industry and Commerce (Colombia) · Abelardo De La Espriella · Bogotá · Joaquín Gutiérrez Caballero · ISA · Ecopetrol

Regulation

Energy
Public sector

SIC investigates thermal generators for supply issues

grassy hill during daytime — Corbin Mathias / Unsplash

Colombia's Superintendence of Industry and Commerce (SIC) has requested information from nine thermal power generators to verify potential non-compliance in energy supply, El Tiempo Economía reports. The inquiry aims to ensure the delivery of energy to the national grid and assess risks to free competition. This move comes amid ongoing energy supply challenges exacerbated by the El Niño phenomenon.

Impact Energy suppliers face scrutiny that could affect their operations and compliance costs.

Sources: El Tiempo Economía ↗

Internal tension

Public sector

Operation Kratos in Bogotá: 172 arrests, 10 gangs dismantled

Operation Kratos, led by President Abelardo De La Espriella, resulted in 172 arrests and the dismantling of 10 criminal gangs in Bogotá, according to El Colombiano. The operation involved the National Police, the Army, and the Technical Investigation Corps (CTI) of the Attorney General's Office. Conducted in the early hours of October 28, 2026, the operation included 114 raids across the city.

Impact Businesses in Bogotá may experience improved security conditions following the crackdown on criminal activities.

Sources: El Colombiano ↗, KienyKe ↗

Companies

Energy
Public sector

ISA reforms board selection process, appoints new members

ISA's Extraordinary Shareholders' Assembly approved changes to its board selection process and appointed new directors for 2026-2028, according to El Tiempo Economía. The reforms, proposed by majority shareholder Ecopetrol, include changes in the rules for board composition and presidential selection. Joaquín Gutiérrez Caballero, current president of Ecopetrol, joins the board. The assembly was conducted virtually on October 28, 2026.

Impact Shareholders and partners of ISA may see strategic shifts due to new board leadership and governance changes.

Sources: El Tiempo Economía ↗, El Colombiano ↗, Valora Analitik ↗

Nothing significant reported today in Disruption · Safety & health · Markets · Trade · Politics.

Also today in the local press

Premercado | Inversores centran atención en decisión de la FED y resultados de grandes tecnológicas: petróleo rebota — Valora Analitik
Atención | FED mantiene tasas de interés en EE. UU. en línea con lo esperado por el mercado — Valora Analitik
Dólar en Colombia amplía ganancias y cierra en $3.163: mercado recibe decisión de la FED y alza de precios del petróleo — Valora Analitik
Siga el minuto a minuto de la decisión de tasas de interés de la Reserva Federal — La República
Déficit comercial de EE.UU. alcanza nivel más alto desde 2025 en bienes de capital — La República
Reserva Federal deja tasas quietas en 3,75%-4% ante temores inflacionarios — La República
El oro cae por alza de los precios del petróleo antes de decisión de la Reserva Federal — La República
Gremios piden modernizar el transporte de carga para mejorar la competitividad — La República

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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