National network of electric charging stations

Deployment of a network of service stations for electric vehicles, based on renewable energy sources to meet the growing demand for electromobility.

Summary

Objective

Deploy an interconnected and interoperable national network of Service Stations (EDS) for charging plug-in electric vehicles (EVs), based on renewable and non-conventional energy sources (FNCER).

Key Goals

Complete the project’s financial closure.
Adjust technical and business conditions after the pilot test.
Promote the Regulatory Agenda for standardization.
Start operations efficiently.
Achieve an IRR of 24.21%.
Recover investment in 5 years.

Market Opportunity

The electric vehicle market in Colombia is in a growth phase, with currently low penetration (<1%) but with accelerated growth projections aligned with global trends. There is a significant gap in charging infrastructure, presenting a market opportunity with partially unmet demand.

ESG Considerations

Environmental: Development of conditions to facilitate the implementation of cleaner technologies in vehicle mobility.

Social: Promotion of grassroots economies, creation of sustainable jobs in construction and operation.

Governance: Implementation of management models based on reliable and transparent information.

Key Financial Indicators

IRR

24.21%

Payback

5 years

NPV

$ 316.000.000

Project Timeline

Pilot Tests

Duration: 6 months

Investor Call

Duration: N.A.

Financial Closure

Duration: N.A.

EDS Construction

Duration: 1 - 1.5 months

Start of Operations

Duration: 5 - 6 months

Stabilized Operation

Duration: 3 - 4 months

Business Model

Key Partners

Ministry of Mines and Energy
Maintenance provider
Related service associates

Key Activities

Maintenance of the generation infrastructure
Maintenance of related service areas

Value Proposition

Use of non-conventional renewable energy sources (FNCER)
Service complex for drivers
Consumer support platform
Fight against climate change

Customer Segments

Retail consumers (private vehicles)
Grid generator
Electric transport fleets

Revenue Streams

Sale per kW/h to the end user
Sale per kW/h to the national grid
Concessions of related services

Cost Structure

Charging station staff
Private security
Infrastructure maintenance
Facility lease

Risk Plan

Event	Probability	Impact	Rating
Low energy demand	Low	High	Medium
Technological obsolescence	Low	Medium	Low
Technological obsolescence	Low	High	Medium
Regulatory compliance	Low	High	Medium
Inability of local entity to perform O&M	Medium	High	High
Denial of connection point by grid operator	Medium	High	High
Political barriers & changes in administration	High	High	High
Delays in environmental permits & licenses	Medium	Medium	Medium
Low irradiation or adverse climate	Low	Medium	Medium
Technical failures in PV system	Low	High	Medium