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You are at:Home » Ecopetrol S.A. Announces the Acquisition of a Solar Project Portfolio in Colombia – Ecopetrol (NYSE:EC)
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Ecopetrol S.A. Announces the Acquisition of a Solar Project Portfolio in Colombia – Ecopetrol (NYSE:EC)

News RoomNews RoomNov 13, 2025 10:43 pm EST0 ViewsNo Comments4 Mins Read
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BOGOTA, Colombia, Nov. 13, 2025/ PRNewswire/– Ecopetrol S.A. (( BVC: ECOPETROL, NYSE: EC) reveals that it has actually effectively closed the deal with Statkraft European Wind and Solar Holding AS (” Statkraft”) on November 13, 2025 for the acquisition of one business participated in the advancement and operation of Statkraft’s portfolio in Colombia, and 6 unique function entities owning solar jobs (around 0.6 GW), for an overall factor to consider of USD157.5 million These possessions were formerly owned by Statkraft subsidiaries Enerfín Sociedad de Energía S.L.U and Enerfin Enervento Outside S.L. The payment was made it possible for through incremental financial obligation funding considered in the financing prepare for inorganic financial investments.

The property purchase arrangement signed on Might 20, 2025 amongst Ecopetrol and Statkraft ponders the acquisition of approximately 10 business in overall. The closing of the acquisition of the staying 3 unique function entities, which own wind jobs of around 0.7 GW, stays based on the complete satisfaction of extra condition precedents and legal requirements.

With the acquisition of the business owning solar jobs, Ecopetrol now holds 100% of the shares of these entities and integrates a portfolio of more than 0.6 GW of solar power, as formerly revealed on the Might 20, 2025 The procedure of incorporating these business into the Ecopetrol Group structure is now planned to being.

Through this acquisition, Ecopetrol S.A. advances its decarbonization and energy shift goals, in positioning with its 2040 Method, Energy that Transforms. This deal enhances the competitive generation of low-emission energy for Ecopetrol Group’s self-consumption and matches its conventional oil and gas organization portfolio.

————————————-

Ecopetrol is the biggest business in Colombia and among the primary integrated energy business in the American continent, with more than 19,000 staff members. In Colombia, it is accountable for more than 60% of the hydrocarbon production of the majority of transport, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas circulation sectors. With the acquisition of 51.4% of ISA’s shares, the business takes part in energy transmission, the management of real-time systems (XM), and the Barranquilla – Cartagena seaside highway concession. At the global level, Ecopetrol has a stake in tactical basins in the American continent, with Drilling and Expedition operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission organization in Brazil, Chile, Peru, and Bolivia, roadway concessions in Chile, and the telecom sector.

This release includes declarations that might be thought about positive declarations within the significance of Area 27A of the U.S. Securities Act of 1933, as changed, and Area 21E of the U.S. Securities Exchange Act of 1934, as changed. All positive declarations, whether made in this release or in future filings or news release, or orally, address matters that include dangers and unpredictabilities, consisting of in regard of the Business’s potential customers for development and its continuous access to capital to money the Business’s organization strategy, to name a few. Subsequently, modifications in the list below aspects, to name a few, might trigger real outcomes to vary materially from those consisted of in the positive declarations: market value of oil & & gas, our expedition, and production activities, market conditions, appropriate policies, the currency exchange rate, the Business’s competitiveness and the efficiency of Colombia’s economy and market, to point out a couple of. We do not mean and do not presume any commitment to upgrade these positive declarations.

For additional information, please contact:

Head of Capital Markets
Carolina Tovar Aragón
Email: investors@ecopetrol.com.co

Head of Corporate Communications ( Colombia)
Marcela Ulloa
Email: marcela.ulloa@ecopetrol.com.co

SOURCE Ecopetrol S.A.

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