{"id":910022,"date":"2025-11-13T23:38:27","date_gmt":"2025-11-14T04:38:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ecopetrol-s-a-announces-the-acquisition-of-a-solar-project-portfolio-in-colombia\/"},"modified":"2025-11-13T23:38:27","modified_gmt":"2025-11-14T04:38:27","slug":"ecopetrol-s-a-announces-the-acquisition-of-a-solar-project-portfolio-in-colombia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ecopetrol-s-a-announces-the-acquisition-of-a-solar-project-portfolio-in-colombia\/","title":{"rendered":"Ecopetrol S.A. Announces the Acquisition of a Solar Project Portfolio in Colombia"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">BOGOTA, Colombia<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 13, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that it has successfully closed the transaction with Statkraft European Wind and Solar Holding AS (&#8220;Statkraft&#8221;) on <span class=\"xn-chron\">November 13, 2025<\/span> for the acquisition of one company engaged in the development and operation of Statkraft&#8217;s portfolio in <span class=\"xn-location\">Colombia<\/span>, and six special purpose entities owning solar projects (approximately 0.6 GW), for a total consideration of <span class=\"xn-money\">USD157.5 million<\/span>. These assets were previously owned by Statkraft subsidiaries Enerf\u00edn Sociedad de Energ\u00eda S.L.U and Enerfin Enervento Exterior S.L. The payment was enabled through incremental debt financing contemplated in the funding plan for inorganic investments.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2321203\/ecopetrol_s_a__logo_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2321203\/ecopetrol_s_a__logo_Logo.jpg\" title=\"(PRNewsfoto\/Ecopetrol S.A.)\" alt=\"(PRNewsfoto\/Ecopetrol S.A.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The asset purchase agreement signed on <span class=\"xn-chron\">May 20, 2025<\/span> among Ecopetrol and Statkraft contemplates the acquisition of up to ten companies in total. The closing of the acquisition of the remaining three special purpose entities, which own wind projects of approximately 0.7 GW, remains subject to the satisfaction of additional condition precedents and legal requirements.<\/p>\n<p>With the acquisition of the companies owning solar projects, Ecopetrol now holds 100% of the shares of these entities and incorporates a portfolio of more than 0.6 GW of solar energy, as previously announced on the <span class=\"xn-chron\">May 20, 2025<\/span>. The process of integrating these companies into the Ecopetrol Group structure is now intended to being.<\/p>\n<p>Through this acquisition, Ecopetrol S.A. advances its decarbonization and energy transition objectives, in alignment with its 2040 Strategy, Energy that Transforms. This transaction strengthens the competitive generation of low-emission energy for Ecopetrol Group&#8217;s self-consumption and complements its traditional oil and gas business portfolio.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;-\u00a0<\/p>\n<p>\n        <i>Ecopetrol is the largest company in <span class=\"xn-location\">Colombia<\/span> and one of the main integrated energy companies in the American continent, with more than 19,000 employees. In <span class=\"xn-location\">Colombia<\/span>, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA&#8217;s shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla &#8211; <span class=\"xn-location\">Cartagena<\/span> coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in <span class=\"xn-location\">the United States<\/span> (Permian basin and the <span class=\"xn-location\">Gulf of Mexico<\/span>), <span class=\"xn-location\">Brazil<\/span>, and <span class=\"xn-location\">Mexico<\/span>, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in <span class=\"xn-location\">Brazil<\/span>, <span class=\"xn-location\">Chile<\/span>, <span class=\"xn-location\">Peru<\/span>, and Bolivia, road concessions in <span class=\"xn-location\">Chile<\/span>, and the telecommunications sector.\u00a0<\/i>\n      <\/p>\n<p>\n        <i>This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company&#8217;s prospects for growth and its ongoing access to capital to fund the Company&#8217;s business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil &amp; gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company&#8217;s competitiveness and the performance of <span class=\"xn-location\">Colombia&#8217;s<\/span> economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.<\/i>\u00a0<\/p>\n<p>\n        <b>For more information, please contact:\u00a0<\/b>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Head of Capital Markets<br \/><\/i><br \/>\n        <\/b><br \/>\n        <i>Carolina Tovar Arag\u00f3n<br \/><\/i><br \/>\n        <i>Email: <a href=\"mailto:investors@ecopetrol.com.co\" target=\"_blank\" rel=\"nofollow\">investors@ecopetrol.com.co<\/a>\u00a0<\/i>\n      <\/p>\n<p>\n        <b><br \/>\n          <i>Head of Corporate Communications (<span class=\"xn-location\">Colombia<\/span>) <br \/><\/i><br \/>\n        <\/b><br \/>\n        <i><br \/>\n          <span class=\"xn-person\">Marcela Ulloa<\/span><br \/>\n          <br \/>\n        <\/i><br \/>\n        <i>Email: <a href=\"mailto:marcela.ulloa@ecopetrol.com.co\" target=\"_blank\" rel=\"nofollow\">marcela.ulloa@ecopetrol.com.co<\/a>\u00a0<\/i>\n      <\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=IN24523&amp;sd=2025-11-13\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/ecopetrol-sa-announces-the-acquisition-of-a-solar-project-portfolio-in-colombia-302615115.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/ecopetrol-sa-announces-the-acquisition-of-a-solar-project-portfolio-in-colombia-302615115.html<\/a><\/p>\n<p>SOURCE  Ecopetrol S.A.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=IN24523&amp;Transmission_Id=202511131808PR_NEWS_USPR_____IN24523&amp;DateId=20251113\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire BOGOTA, Colombia , Nov. 13, 2025 \/PRNewswire\/ &#8212; Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that it has successfully closed the transaction with Statkraft European Wind and Solar Holding AS (&#8220;Statkraft&#8221;) on November 13, 2025 for the acquisition of one company engaged in the development and operation of Statkraft&#8217;s portfolio in Colombia, and six special purpose entities owning solar projects (approximately 0.6 GW), for a total consideration of USD157.5 million. These assets were previously owned by Statkraft subsidiaries Enerf\u00edn Sociedad de Energ\u00eda S.L.U and Enerfin Enervento Exterior S.L. The payment was enabled through incremental debt financing contemplated in the funding plan for inorganic investments. The asset purchase agreement signed on May 20, 2025 among Ecopetrol and Statkraft contemplates &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ecopetrol-s-a-announces-the-acquisition-of-a-solar-project-portfolio-in-colombia\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ecopetrol S.A. Announces the Acquisition of a Solar Project Portfolio in Colombia&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-910022","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ecopetrol S.A. Announces the Acquisition of a Solar Project Portfolio in Colombia - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ecopetrol-s-a-announces-the-acquisition-of-a-solar-project-portfolio-in-colombia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ecopetrol S.A. Announces the Acquisition of a Solar Project Portfolio in Colombia - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire BOGOTA, Colombia , Nov. 13, 2025 \/PRNewswire\/ &#8212; Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) announces that it has successfully closed the transaction with Statkraft European Wind and Solar Holding AS (&#8220;Statkraft&#8221;) on November 13, 2025 for the acquisition of one company engaged in the development and operation of Statkraft&#8217;s portfolio in Colombia, and six special purpose entities owning solar projects (approximately 0.6 GW), for a total consideration of USD157.5 million. These assets were previously owned by Statkraft subsidiaries Enerf\u00edn Sociedad de Energ\u00eda S.L.U and Enerfin Enervento Exterior S.L. The payment was enabled through incremental debt financing contemplated in the funding plan for inorganic investments. The asset purchase agreement signed on May 20, 2025 among Ecopetrol and Statkraft contemplates &hellip; Continue reading &quot;Ecopetrol S.A. 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