Tracked deals
4
4 tracked deals across 2025-2026.
Public Company
Energy
Ecopetrol
Bogotá, Bogotá D.C., Colombia
Ecopetrol is Colombia’s largest company and one of the leading integrated energy groups in Latin America, operating across the hydrocarbons value chain (upstream, midstream, downstream) and participating in areas including gas distribution, energy transmission, and electricity/renewables as part of its energy-transition strategy.
- Focus Areas
- Integrated oil & gas, Upstream exploration and production, Midstream and downstream
- Website
- ecopetrol.com.co
Recent pace
4
4 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout · 1 addon
Ecopetrol Acquisition Volume by Year
Last 2 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- Ecopetrol Investimentos do Brasil
- Target
- ISA (shares via public tender offer OPAV)
- Industry
- Energy
- Location
- Brazil
- Type
- Buyout
Ecopetrol Investimentos do Brasil (a controlled company of Ecopetrol S.A.) received a Brazilian Securities and Exchange Commission (CVM) letter lifting the suspension previously imposed on the public tender offer for the acquisition of shares (OPAV). The CVM ruling requires Ecopetrol Investimentos to amend and re-publish the OPAV offer document, including updating the auction date.
-
May 20, 2026
- Buyer
- Ecopetrol S.A.
- Target
- JK1 wind project, JK2 wind project, Jemeiwaa Ka'I wind cluster (49% interest in JK1 and JK2 portion)
- Seller
- AES Colombia & CIA SCA E.S.P.
- Industry
- Renewable Energy
- Location
- La Guajira, Colombia
- Type
- Addon
Ecopetrol S.A. announced that, under an investment framework agreement with AES Colombia & CIA SCA E.S.P., the conditions precedent for acquiring a 49% interest in two wind projects—JK1 and JK2—within the Jemeiwaa Ka'I wind cluster have been fulfilled. The JK1 and JK2 projects are located in La Guajira, have an aggregate acquisition value of approximately USD 25.5 million, and are expected to total 259 MW of capacity.
-
- Buyer
- Ecopetrol S.A., Ecopetrol Investimentos do Brasil LTDA, Ecopetrol Investimentos do Brasil Ltda., Ecopetrol Capital AG
- Target
- Brava Energia S.A.
- Seller
- Jive, Yellowstone, Bloco Somah Printemps Quantum
- Industry
- Oil & Gas
- Location
- Brazil
- Type
- Buyout
Ecopetrol, through its Brazilian subsidiary Ecopetrol Investimentos, completed the acquisition of a controlling interest equivalent to approximately 51% of Brava Energia S.A.’s voting share capital. The deal combined a voluntary tender offer for ~25% of Brava’s shares with a separate share purchase agreement for an additional ~26% stake, for total consideration of about US$1.2 billion.
-
November 13, 2025
- Buyer
- Ecopetrol S.A.
- Target
- Statkraft's Enerfín Colombia entities (one developer/operator company + six solar project SPVs, ~0.6 GW)
- Seller
- Statkraft European Wind and Solar Holding AS, Enerfín Sociedad de Energía S.L.U, Enerfin Enervento Exterior S.L.
- Industry
- Renewable Energy
- Location
- Colombia
- Type
- Buyout
Ecopetrol S.A. closed its acquisition from Statkraft on November 13, 2025 of one developer/operator company and six special-purpose entities owning ~0.6 GW of solar projects in Colombia for USD 157.5 million. The deal (part of a broader asset purchase agreement to acquire up to ten companies) furthers Ecopetrol’s energy transition strategy and will supply low-emission generation for the Group’s self-consumption while integration into Ecopetrol begins.
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