The Bogotá Comptroller's Office opens a fiscal investigation into alleged losses in the Windpeshi wind farm project.

  • Fiscal responsibility process for alleged loss of $313.276 million in the Windpeshi wind project.
  • Delays in licenses and low execution: only 7 of 41 foundations and no wind turbine installed.
  • The Comptroller's Office is investigating the management of district public resources linked to Enel Colombia SAESP
  • The aim is to establish responsibility for the planning, execution, and decisions that led to the indefinite suspension of the project.

Wind farm project and fiscal control

La The Bogotá Comptroller's Office has initiated a fiscal responsibility process around Windpeshi wind projectLocated in the department of La Guajira, in northern Colombia, the case has gained public attention because, despite the injection of substantial resources, the park never became operational and remains suspended indefinitely.

The watchdog maintains that a financial loss of 313.276 million pesos, linked to the participation of the Capital District in Enel Colombia SAESP Although the project is located outside of Bogotá, the possible impact on district public funds has led to the opening of a formal investigation to clarify what happened with the planning, execution and decisions made in this renewable development.

A strategic wind energy project that fell short

Wind farm halted

Windpeshi was conceived as a Wind farm key to the energy development of La GuajiraThis region has positioned itself as one of the major renewable energy hubs in Colombia and, by extension, in the Latin American context. The idea was to harness the potential of wind power to add new clean energy generation capacity as part of the energy transition.

However, according to information gathered by the Comptroller's Office, The actual progress of the project fell far short of expectations.As of March 2022, the project was 29,6% complete, while the schedule indicated it should have been around 33,7%. This gap, although it may seem moderate on paper, was a sign that the activities were not progressing at the pace agreed upon in the contracts.

The audits carried out by the oversight body point to significant delays in obtaining licenses and permitsThese administrative bottlenecks, both environmental and social, ultimately impacted the project's execution. They not only slowed construction but also drove up associated costs, lengthening timelines and generating operational surcharges.

The result was that, far from entering the commercial phase, the project ended up at a standstill. In May 2023, Windpeshi was suspended indefinitely without having reached its operational stage.At that time, only 7 of the 41 foundations planned for the wind turbines had been built, which gives an idea of ​​how incipient the physical infrastructure of the park still was.

Another element that has caught the Comptroller's attention is the condition of the equipment. According to the reports, The wind turbines and other components that had been purchased had not yet been installed. The facilities were not operational at the construction site. In other words, assets had been acquired and significant expenditures made without the investment resulting in effective electricity generation.

The Comptroller's focus: public resources and alleged financial damage

Tax investigation in wind energy

The core of the case lies in the linking of district public resources to the project, through the Capital District's shareholding in Enel Colombia SAESP. That connection is what justifies the Comptroller's Office of Bogotá, despite it being a park located in La Guajira, assuming powers to review what happened.

According to the oversight body, the figure for the alleged financial loss is... 313.276 million pesosThis sum is associated with resources committed to a project that, to this day, is not providing the service for which it was designed. In practice, these are investments that have not generated a return, either in economic terms or in terms of energy supplied to the system.

The Comptroller's Office places special emphasis on the relationship between the resources used and the results obtainedFor the oversight body, the problem is not only the delay in the works, but also the fact that the indefinite suspension of Windpeshi has left equipment idle, foundations incomplete, and infrastructure that is not generating electricity. From a fiscal control perspective, this disconnect between expenditure and results is what could constitute damage to public assets.

The comptroller of Bogotá, Juan Camilo Zuluaga Morillo, summarized the institutional concern by recalling that this is a case in which... They committed considerable resources without the project achieving its intended purpose.The phrase encapsulates the essence of the investigation: it seeks to clarify how a park intended to reinforce the energy transition has ended up not operating, despite the fact that significant amounts of money had already been disbursed.

At the moment, the opening of the fiscal responsibility process does not imply a definitive sanction or a conclusive ruling on the guilt of individuals or entities. It is a initial investigative stage, in which documents will be collected, decisions will be analyzed and those involved will be heard to determine whether or not there was a real impact on the public treasury and who the eventual responsible parties would be.

Project management, licenses and decisions under scrutiny

Within the investigation, one of the most sensitive points is that of the comprehensive management of the Windpeshi projectThe Comptroller's Office intends to reconstruct this chain of decisions to assess whether due diligence was exercised, including how the project was designed, how its execution was scheduled, and what decisions were made when delays and licensing problems began to surface.

Reports prepared so far indicate that Late acquisition of environmental and social licenses It had a direct impact on the project schedule. In wind energy projects and, in general, energy infrastructure projects, coordination between permits, civil works, and equipment installation is often crucial to avoid cost overruns and conflicts with surrounding communities.

In this case, the delays would have triggered a Cascade of negative effects: increased costs, halted activities, and accumulation of unused equipmentAll of this would have contributed to the fact that, by May 2023, the chosen alternative was the indefinite suspension of the park, without a clear reactivation date or a certain horizon for entry into operation.

The watchdog has indicated that it will focus part of its analysis on who participated in the planning and execution of WindpeshiIn other words, the actions of managers, project managers, contractors and other involved parties will be reviewed, both within the company and in the entities that intervened in the authorization, supervision and monitoring processes.

The appropriateness of the purchases made for the park will also be examined, especially with regard to equipment that, despite having been acquired, has not been put into operationThis situation raises questions about how investment decisions were made and about the mechanisms in place to ensure that the acquired assets were effectively integrated into the project.

A case that reopens the debate on fiscal control in renewables

The process opened by the Bogotá Comptroller's Office regarding Windpeshi goes beyond a specific conflict and is part of a larger issue. broader debate on fiscal control of large renewable energy projectsThe Colombian experience, with La Guajira as the epicenter of wind power developments, is of interest to other environments, including Europe, where the commitment to renewables also requires rigorous supervision of the use of public funds.

In European Union countries and in Spain, the deployment of wind and photovoltaic farms has accelerated thanks to Public funds, grants and supporting regulatory frameworksCases like Windpeshi serve as a warning of what can happen when planning, permits, and execution do not proceed in a coordinated and transparent manner, even when funding is available.

The lesson to be learned from this type of research is that The energy transition depends not only on technology or the availability of natural resources, but also the strength of the institutions responsible for controlling how economic resources are used. In contexts where there is public capital involvement, the demand for accountability becomes even more intense.

In Europe, where the use of EU funds in green projects is closely monitored, there is a growing interest in to prevent unfinished or poorly managed projects from resulting in losses for the taxpayerThe Colombian case joins other international episodes that serve as a reference for adjusting regulations, strengthening control mechanisms and reinforcing transparency throughout the renewable infrastructure development chain.

For Bogotá and for the oversight institutions, Windpeshi has become an example of high economic and symbolic impactA park that was supposed to contribute to diversifying the energy matrix and supporting climate commitments has ended up, for now, as a stalled project, with incomplete infrastructure and an open case for possible damage to public assets.

As the fiscal responsibility process unfolds, it remains to be seen whether the investigation confirms the existence of financial damage and, if so, What measures are being taken to compensate the public treasury and correct the detected failures?For now, the case leaves an uncomfortable combination on the table: substantial investments, half-finished works, unused equipment, and the need to scrutinize how public funding is managed in projects that, at least on paper, were intended to promote clean energy.

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