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Sura to pay $100mn, Axa’s unit $13mn over Ituango Dam

2CNCFTT colombia Hidroituango hydroelectric plant in Ituango, Colombia
View of the construction at Hidroituango hydroelectric plant in Ituango, Colombia May 20, 2018.
Photo: Alamy Stock Photo

Colombian authorities are expecting regional carrier Suramericana to make a contingency payout of around $100mn (400bn pesos) over issues concerning the construction of the Ituango Dam as early as next week, this publication understands.

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