Project: Empresa de Energía de Boyacá S.A E.S.P Location: Tunja, Boyacá, Colombia Customer connections: 480,000+
Type of facility: Regulated utility Opened: 1956 %Owned/Operated: 99.2% / N/A


Northland owns a 99.2% share of the premier regulated utility Empresa de Energía de Boyacá (EBSA). Acquired in 2019, EBSA builds on Northland's presence in Latin America and represents Northland's entry into Colombia and the regulated utility industry. With 32,541 km of distribution lines across the department of Boyacá, EBSA distributes 1.8 TWh of energy annually, meeting the needs of approximately 480,000 customers. EBSA is the sole distribution company in Boyacá, serving as the sole electricity distributor to a population of over 1.3 million residents. 


  • Adds a high-quality regulated utility business to Northland’s portfolio
  • Offers a highly predictable revenue and cash flow profile for shareholders
  • One of the few energy companies in Colombia with rights allowing for vertical integration & participation in all segments of the electrical supply chain
  • Strong track record - whether executing distribution & transmission projects or making improvements to operations & customer service
  • Strong management team in place to lead going forward, with an average management tenure of 16 years
  • Boyacá has some of the highest irradiation levels in Colombia - solar projects in the region will have optimal results
Regulated Utility
  • 2019 Annual Report

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  • 2020 Investor Presentation

    Continuing our goal to be a leader in the development and operation of sustainable energy assets in Canada and worldwide

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  • 2019 Sustainability Report

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