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About ContourGlobal

Compañía Eléctrica Sochagota Compañía Eléctrica Sochagota operates Termopaipa IV, a megawatt coal-fired plant located in Boyacá, Colombia. Termopaipa IV began commercial operations on January . The plant's capacity is committed to Gestión Energética S.A. (Gensa) through a years-long PPA that will expire in . Boyacá is a region rich in bituminous coal, which is used as raw material for our entire generation. Our partners in this company are Evonik Industries AG and Invernac S.A. Reliability matters Termopaipa IV is the most technologically advanced coal-fired facility in Colombia. Since the plant supplies essential thermal capacity in a system predominantly dependent on hydroelectricity, the power purchase agreement is guaranteed by a state-controlled energy development institution which, in turn, is guaranteed by the government itself.