US EditionEcopetrol S.A. Negotiates Acquisition of a Portfolio of up to 88.2 MWp in Solar Photovoltaic Projects in Colombia
Ecopetrol targets 900 MW renewable capacity by acquiring solar projects totaling up to 88.2 MWp to support energy transition and reduce market exposure.
- On Nov. 28, 2025, Ecopetrol S.A. concluded negotiations with Grenergy Renovables S.A. for the potential acquisition of seven companies holding solar assets in Colombia.
- Aiming at its 900 MW target, Ecopetrol plans to integrate the projects, which support low-emission generation for Ecopetrol Group's self-consumption and reduce market energy exposure.
- With conditions precedent and legal requirements, Ecopetrol notes each solar photovoltaic project is subject to transaction conditions, with closing disclosures to follow.
- With responsibility for over 60% of hydrocarbon production, Ecopetrol is Colombia's largest company with more than 19,000 employees and holds a stake in energy transmission via its ISA shareholding.
- The company cautioned these plans involve risks and uncertainties, including growth prospects and access to capital, and does not intend to update forward-looking statements under Section 27A of the U.S. Securities Act and Section 21E of the Exchange Act.
53 Articles
53 Articles
Johnson City Press
Ecopetrol S.A. Negotiates Acquisition of a Portfolio of up to 88.2 MWp in Solar Photovoltaic Projects in Colombia
BOGOTA, Colombia, Nov. 28, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) ("Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") announces that on November 28, 2025, it successfully concluded negotiations with Grenergy Renovables S.A. for the potential acquisition…
Ecopetrol. Image: Yennyfer Sandoval, Valora Analitik Ecopetrol reported on November 28 that it successfully concluded negotiations with Grenergy Renewables for the potential acquisition of several companies would be its portfolio. In total, the Colombian firm would keep seven companies located in the departments of Córdoba (3), Cesar (2), Magdalena (1) and Sucre (1). According to information, each of the companies owns the assets, licenses, agre…
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