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Ecopetrol completed talks to buy seven solar projects in Colombia, adding up to 88.2 MWp, to boost renewable energy use by 2040.
Ecopetrol S.A. said on November 28, 2025, it has completed negotiations to acquire seven solar photovoltaic project companies from Grenergy Renovables S.A. in Colombia’s Córdoba, Cesar, Magdalena, and Sucre departments.
The portfolio, with up to 88.2 MWp of capacity, could add about 12.6 MWp per project.
The deal, pending final conditions, supports Ecopetrol’s goal to generate 900 MW of self-produced renewable energy by 2040 under its Energy that Transforms strategy.
The acquisition aims to boost low-emission power for internal use, reduce reliance on external energy contracts, and lower exposure to volatile market prices.
Final terms, including value and closing date, will be disclosed after conditions are met.
Ecopetrol completó las conversaciones para comprar siete proyectos solares en Colombia, sumando hasta 88,2 MWp, para impulsar el uso de energía renovable para el año 2040.