AGP Executive Report
Last update: 8 hours agoColombia Politics & Markets: Abelardo de la Espriella is set to be sworn in as Colombia’s president, a right-wing shift that’s already resonating with U.S. Republicans and could shape investor sentiment across the region. Corporate Earnings (LATAM exposure): Diageo’s turnaround plan lifted shares after higher underlying profit and a push for up to $850m in cost savings; the company flagged growth in Latin America and the Caribbean even as other regions lagged. Telecom Cash Flow: Millicom (Tigo) raised 2026 equity free cash flow guidance to about $1.1bn, cut leverage targets below 2.5x, and declared a $1.50 per share interim dividend. Payments & Stablecoins: Western Union launched Stablecard across 37 markets using USDPT on Solana and the Visa network, intensifying competition in remittances and digital payments. Energy & Infrastructure (Mexico): Copenhagen Infrastructure Partners reached financial close on La Esperanza Solar (420 MWdc) plus 150 MW/5-hour storage in Campeche, targeting operations in 2028. Renewables & Aviation: Brazil will require sustainable aviation fuel blends for domestic airlines starting in 2027, but supply and price concerns remain. Oil & Gas M&A (LATAM): Gran Tierra agreed to sell Colombia and Ecuador assets to Maurel & Prom for $1.33bn.
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