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. ...”