Colombia's EPM utility reported it will transfer a record $2.82 trillion to Medellín's municipal government in 2026, up $160 billion from 2025. The transfers, mandated by a 1997 municipal agreement requiring 55% of EPM profits go to the city, historically finance roughly 20% of Medellín's total budget and have supported schools, health programs, and infrastructure. The company's financial strength is anchored in its dominance of Colombia's energy sector—it holds 24.2% market share and operates the Hidroituango hydroelectric project, which will eventually supply over 17% of the nation's electricity once all eight units are operational.