- This return reflects dividends paid in 2025 and share price appreciation (48%), in one of the best-performing years in the company’s history on the Colombian Stock Exchange, where the share reached a high of COP 26,300.
- For fiscal year 2026, ISA will distribute COP 1.2 trillion to its shareholders, equivalent to 50% of net income, the maximum percentage established under its dividend policy.
- In terms of business performance, the company increased investments by 31%, consolidating its leadership in the region’s energy transition.
- During the meeting, three new members were elected to the Board of Directors.
At the Ordinary General Shareholders’ Meeting, ISA presented results that demonstrate its operational and financial strength, strategic discipline, and ability to sustain high investment execution in a challenging environment.
The company announced that it delivered a total shareholder return of 55%. This return includes both share price appreciation of 48% and dividends of COP 1,265 per share paid during 2025. In line with its dividend policy, this year ISA will distribute 50% of net income earned in 2025 (COP 2.4 trillion), reaffirming the balance between value creation for shareholders and reinvestment to support future growth. Total dividend distribution amounts to COP 1.2 trillion, corresponding to an ordinary dividend of COP 1,090 per share.
It was also agreed to establish an equity strengthening reserve of COP 1.2 trillion, aimed at meeting committed investment obligations and preserving the company’s financial solidity. Dividend payments will be made in two installments: 20% in May and the remaining 80% in December of the current year.
“The 2025 results reflect solid operating performance, a robust financial position, and disciplined execution of our strategy. This strength allows us to continue advancing with technical rigor in the region’s energy transition and in ISA Strategy 2040. We have created value for our shareholders: at least 90% of them are Colombian individuals or companies, meaning that the company’s regional growth translates into tangible benefits for savings and national economic development,” said Gabriel Melguizo Posada, Acting President of ISA.
During the meeting, the new Board of Directors was approved for the statutory term April 2026–March 2028.

Nomination of independent members, in accordance with the provisions of Law 964 of 2005 and the Company’s Bylaws.
ISA’s Performance in 2025
During the year, ISA secured projects with investments of approximately USD 283 million and brought projects into operation with CAPEX totaling USD 664 million, consolidating its leadership as one of Latin America’s leading infrastructure groups.
On the financial front, the company reported EBITDA of COP 8.7 trillion, net income of COP 2.4 trillion, and a return on equity close to 14%. These results were driven by the commissioning of new projects, organic infrastructure growth, and financial management aligned with investment-grade standards. The year-on-year variation in net income was mainly associated with non-recurring events, including adjustments related to assets in Brazil and specific provisions, without affecting the structural strength of the business or ISA’s ability to execute its long-term strategy.
Other milestones of the year:
- Launch of ISA Strategy 2040.
- Transformation of ISA Transelca as a platform to develop the new energy solutions business in Colombia, supporting the energy transition and portfolio diversification.
- Intercolombia assumed operation, administration, and maintenance of energy transmission assets in Colombia’s Caribbean region.
- Strengthening of the ISA brand by integrating energy and road businesses under ISA ENERGÍA and ISA VÍAS across Latin America.
- Creation of Hi, ISA’s digital services hub, to drive operational efficiency, regional scale, and technology adoption.
- ALAS20 recognition in the investor relations category.
- Ranked among the 10 best companies in Great Place to Work Colombia.
- Inclusion in the S&P Sustainability Yearbook.
- Score of 85/100 in the Dow Jones Sustainability Index, placing ISA among the top 15 companies in the sector and within the top 10% globally for sustainability performance.