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Home/News Feed/Ecopetrol acquires 49% stake in two wind projects to boost renewable energy capacity in Colombia.
EC
$16.03
-$0.13 -0.80%

Ecopetrol acquires 49% stake in two wind projects to boost renewable energy capacity in Colombia.

Company Fundamentals
20 May 2026
PRNewsWire
View Source
Bullish
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Ecopetrol has completed the acquisition of a 49% interest in two wind projects, JK1 and JK2, located in La Guajira, Colombia, valued at about USD 25.5 million. These projects have a combined capacity of 259 MW and are expected to generate around 1,100 GWh annually, covering about 12% of Ecopetrol's average energy demand. The acquisition supports Ecopetrol's energy transition strategy by improving cost efficiency, operational reliability, and reducing carbon emissions by approximately 4.3 million tons of CO₂ equivalent. The company is still working to fulfill conditions for acquiring stakes in the remaining four projects in the wind cluster and will update the market accordingly.

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Ecopetrol to release Q2 2026 financial results on August 3 with a follow-up virtual conference.

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Ecopetrol, Colombia's largest energy company, will announce its financial and operating results for the second quarter of 2026 on August 3 after market close. A virtual conference will follow on August 4, featuring simultaneous Spanish and English br...

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Neutral
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