Descripción: “...The results from this study are really important for the country, since it allows the entrepreneurs and business managers to have a useful tool in the financing decision making process for the Colombian power generation industry, that along with their own developed financial models will help them lo identify different options to get an optimal capital structure that will result in a higher market value for the company.This work arises from a lack of research and public studies for the power generation sector in Colombia from the financial point of view and more specifically from the point of view of debt and optimal capital structure. ...”

Descripción: “...In this regard, it is natural for companies to be formed to create value in the development of its objects, however, additional to the value generated in the operation, financial management companies must direct efforts to add value to this creation of operational business of value through the optimization of the way they finance their investment decisions (optimal capital structure). ...”