Ecopetrol Acquires Solar Project Portfolio in Colombia

Ecopetrol SA ( (EC) ) has shared an announcement.

On November 13, 2025, Ecopetrol S.A. announced the acquisition of a solar project portfolio in Colombia from Statkraft, including six special purpose entities owning solar projects totaling approximately 0.6 GW, for USD157.5 million. This acquisition aligns with Ecopetrol’s 2040 Strategy, enhancing its low-emission energy generation capabilities and supporting its energy transition goals. The transaction strengthens Ecopetrol’s competitive position in renewable energy, complementing its traditional oil and gas operations.

The most recent analyst rating on (EC) stock is a Buy with a $11.50 price target. To see the full list of analyst forecasts on Ecopetrol SA stock, see the EC Stock Forecast page.

Spark’s Take on EC Stock

According to Spark, TipRanks’ AI Analyst, EC is a Outperform.

Ecopetrol’s overall stock score reflects strong valuation metrics and bullish technical indicators, which are the most significant factors. The company’s financial performance is stable but challenged by high leverage and declining free cash flow. The mixed sentiment from the earnings call, with operational successes tempered by external financial pressures, also influences the score.

To see Spark’s full report on EC stock, click here.

More about Ecopetrol SA

Ecopetrol is the largest company in Colombia and a leading integrated energy company in the Americas, employing over 19,000 people. It dominates Colombia’s hydrocarbon production, transportation, logistics, and refining systems, and holds significant positions in petrochemicals and gas distribution. Internationally, Ecopetrol is involved in energy transmission, real-time systems management, and road concessions, with operations in the U.S., Brazil, Mexico, and other South American countries.

Average Trading Volume: 1,935,094

Technical Sentiment Signal: Strong Buy

Current Market Cap: $20.87B

See more insights into EC stock on TipRanks’ Stock Analysis page.