EC ECOPETROL S.A.
Price Chart
Executive Summary
Ecopetrol announced the fulfillment of conditions precedent to acquire a 49% interest in the JK1 and JK2 wind projects (part of the Jemeiwaa Ka'I cluster) for approximately USD 25.5 million. The projects have 259 MW capacity and are expected to generate ~1,100 GWh annually, covering ~12% of Ecopetrol's average energy demand. This is a modest step in the company's energy transition strategy, but the total consideration is immaterial relative to Ecopetrol's $28.8B market cap.
Actionable Insight
The deal is small and already pre-announced — no material stock impact expected. Monitor progress on the remaining four wind projects and any future disclosure of total cluster investment, which could provide a clearer picture of Ecopetrol's renewable capex trajectory.
Key Facts
- Aggregate acquisition value of approximately USD 25.5 million for a 49% interest in JK1 and JK2 wind projects
- Projects have assigned capacity of 259 MW and include a 35-kilometer transmission line
- Expected to generate ~1,100 GWh annually, representing ~12% of Ecopetrol Group's average energy demand
- Estimated decarbonization benefits of ~4.3 million tons of CO2 equivalent over 25-year operating projection
- Conditions precedent for the remaining four projects in the Jemeiwaa Ka'I wind cluster remain pending
- Transaction was previously disclosed on April 14, 2025 under an Investment Framework Agreement with AES Colombia
Financial Impact
USD 25.5 million acquisition value, immaterial relative to $28.8B market cap
Risk Factors
- Remaining four projects still subject to conditions precedent — may not close
- Construction and operational execution risks for wind projects in La Guajira
- Forward-looking statements on energy cost savings and decarbonization are projections, not guarantees
Market Snapshot
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001292814-26-003127 |
| Exhibit: ex99-1.htm | 0001292814-26-003127 |
| Document: 0001292814-26-003127-index-headers.html | 0001292814-26-003127 |
| Document: 0001292814-26-003127-index.html | 0001292814-26-003127 |
| Document: 0001292814-26-003127.txt | 0001292814-26-003127 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 28, 2026
12d ago
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6-K
| $14.77 $15.64 | ▲ +5.89% | ▲ +5.57% | $15.35 (+3.93%) |
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May 26, 2026
14d ago
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6-K
| $14.86 $15.98 | ▲ +7.54% | ▲ +6.32% | $15.35 (+3.30%) |
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May 20, 2026
20d ago
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6-K
| $13.72 $14.77 | ▲ +7.65% | ▲ +5.85% | $15.35 (+11.88%) |
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May 15, 2026
25d ago
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6-K
| $13.81 $14.86 | ▲ +7.60% | ▲ +5.98% | $15.35 (+11.15%) |
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Apr 23, 2026
6w ago
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6-K
| $13.75 $13.78 | ▲ +0.24% | ▼ −1.24% | $15.35 (+11.66%) |
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Apr 22, 2026
7w ago
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6-K
| $13.64 $13.45 | ▼ −1.41% | ▼ −1.47% | $15.35 (+12.52%) |
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Apr 9, 2026
8w ago
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6-K
| $13.25 $13.76 | ▲ +3.83% | ▲ +0.65% | $15.35 (+15.83%) |
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Apr 7, 2026
9w ago
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6-K
| $14.01 $13.51 | ▼ −3.60% | ▼ −8.93% | $15.35 (+9.53%) |
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Apr 3, 2026
9w ago
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6-K
| $14.21 $14.12 | ▼ −0.66% | ▼ −4.80% | $15.35 (+7.99%) |
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Mar 30, 2026
10w ago
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6-K
| $14.27 $14.71 | ▲ +3.07% | ▼ −1.23% | $15.35 (+7.56%) |
US Market Status
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