Financial institution BAC successfully completed the structuring of a bond issuance for USD 175 million for Electron Investment S.A. (EISA). This operation strengthens EISA's financial structure and ensures the supply of competitive and renewable energy. EISA, through its Pando (33.3 MW) and Monte Lirio (51.6 MW) hydroelectric plants, along with the contribution of Ecosolar plants (50 MW), generates approximately 7% of the country's annual hydroelectric power. These efforts consolidate Panama as a net exporter of clean energy to the Central American region. EISA's General Manager, Héctor M. Cotes, noted that the country's energy transition is based on the pillars of sustainability, security, and accessibility. These funds are intended for the refinancing of its portfolio of hydroelectric plants located in the Chiriquí Viejo river basin, recognized as some of the most efficient run-of-river infrastructures within Panama's energy system. The operation, executed through the Latin American Stock Exchange (Latinex), represents a strategic move to maintain the efficiency of hydroelectric generation in the country. This volume of clean energy allows for the avoidance of 235,000 tons of CO2 emissions annually, equivalent to removing around 47,000 vehicles from circulation. Raúl Arosemena, Vice President of Corporate Banking at BAC in Panama, stated that the institution is pleased to accompany EISA in an operation that not only strengthens its financial structure but also ensures the supply of competitive and renewable energy. Cotes emphasized that the successful closing of this financial operation led by BAC allows for the supply of affordable and competitive energy in the long term, reinforcing the commitment to be 'greener, safer, and more human'. The transaction, which began its management process in May 2025, had the active participation of InverAvante and Grupo Eleta. This backing reaffirms the capital market's confidence in the potential of clean energy.
