Colombia shares lower at close of trade; COLCAP down 0.20%
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Promigas S.A. E.S.P., together with its subsidiaries, engages in the exploitation, exploration, purchase, storage, transportation, packaging, distribution, trade, and sale of natural gas, electric energy, and hydrocarbons and derivatives derived from oil, coal, and other fuels in Colombia and Latin America. The company operates through Natural Gas Transportation, Integrated Solutions for the Industry and Power Generation, Distribution of Natural Gas, Distribution of Electricity, and Non-Bank Financing segments. It also provides natural gas compression and dehydration services; implements energy management systems; develops energy diagnostics; and prepares and implements onsite or distribution of energy generation projects, as well as engages in the provision of call center and contact center, business process outsourcing, professional and technical, and personalized attention services for any type of business. In addition, the company is involved in the investment in construction, maintenance, and management of ports; loading and unloading, storage in ports, and other services directly related to the port activities; transportation of fuel gas by the assembly, construction, operation, maintenance, and commercial exploitation of systems, subsystems, and pipelines. Further, it offers change or replace technology, predictive energy maintenance programs, and advisory services in energy management; generates, transmits, and distributes energy; and acquires and sells real estate properties. Additionally, the company sells compressed and liquefied natural gas. Promigas S.A. E.S.P. was incorporated in 1974 and is headquartered in Barranquilla, Colombia. Promigas S.A. E.S.P. operates as a subsidiary of Corporación Financiera Colombiana S.A.