Regarding the statement made by the Colombian Network of Citizen Oversight Bodies (Red de Veedurías de Colombia) through social media concerning alleged projects, contractual relationships, and internal processes, ISA hereby clarifies to the public that:
Neither ISA nor its companies have had or currently have any project named “Ventus.” Likewise, the company has no approved investments nor participation in projects exceeding USD 2 billion, as has been publicly suggested.- As part of its ordinary market analysis processes and evaluation of potential suppliers and partners, ISA became aware of Ventus (Ventus Colombia SAS), an EPC company specialized in renewable energy projects.In 2025, Juan Emilio Posada, current member of ISA’s Board of Directors and former President of the company, disclosed the existence of an indirect contractual relationship with Ventus (which ended in October 2025) and stated that he never participated in conversations regarding potential business between Ventus and ISA. Additionally, as required in such situations, the company conducted a legal analysis and determined that, within the applicable legal framework, there was an incompatibility for the company to enter into contracts with this firm. Consequently, neither ISA nor its companies have had nor currently have any contractual relationship with Ventus.
- In accordance with ISA’s internal regulations and corporate bylaws, decisions related to the approval of investments of the magnitude publicly mentioned are not the responsibility of the company’s President, but rather of its Board of Directors.
- ISA does not participate in, nor has it participated in, political activities; therefore, it does not support campaigns or political parties. The company acts with strict institutional neutrality and, by law and under its Code of Ethics, is prohibited from using corporate resources for any electoral purpose. Its role is to operate strategic infrastructure with technical rigor, excellence, and adherence to institutional frameworks
- Gabriel Melguizo Posada, Acting President, has nearly 30 years of experience within the company and has held significant leadership positions in several of the countries where ISA operates. He is recognized for his technical expertise, as well as his ethical and moral princi
- ISA has an ethics and integrity program that complies with best market practices. Therefore, the company invites any citizen who may have a complaint or is aware of any irregular conduct involving ISA to report it through the ISA Ethics Hotline, attaching evidence that allows for a thorough investigation.
Toll-free and anonymous Ethics Hotline: +57 01 8000 94 13 41
lineaetica@isa-as-prod-sitioweb002.azurewebsites.netm.co
App Store: Grupo ISA Ethics Hotline
