Ecopetrol negotiates acquisition of portfolio of up to 88.2 MWp in Colombia

Ecopetrol (EC) S.A. announces that on November 28, 2025, it successfully concluded negotiations with Grenergy Renovables S.A. for the potential acquisition by Ecopetrol of seven companies within its portfolio in Colombia, located across the departments of Cordoba, Cesar, Magdalena, and Sucre. Upon closing of the transactions, Ecopetrol would advance its decarbonization and energy transition goals by adding additional installed capacity toward its target of 900 MW of self-generated renewable energy. These initiatives are essential to complement its energy matrix in alignment with the 2040 Strategy, Energy that Transforms. Additionally, they would support low-emission energy generation under competitive conditions for Ecopetrol Group’s self-consumption, reduce bilateral energy contract purchases, and mitigate exposure to spot market energy purchases.