PR Newswire·May 20, 2026, 8:31 AM ET

Ecopetrol advances acquisition of the Jemeiwaa Ka'I wind cluster in La Guajira with the purchase of a 49% interest in the JK1 and JK2 wind projects

Ecopetrol has fulfilled all conditions precedent to acquire a 49% interest in the JK1 & JK2 wind projects within the Jemeiwaa Ka'I cluster via an agreement with AES Colombia.
The JK1 & JK2 projects are located in La Guajira, carry an aggregate acquisition value of approximately USD 25.5 million, & have a total capacity of 259 MW.
Development will proceed through a special purpose vehicle structured as an autonomous patrimony to manage execution & operations.
Upon completion, the projects are expected to generate 1,100 GWh annually, representing 12% of the Ecopetrol Group's average energy demand while improving cost efficiency & reliability.
The projects aim to support the Group's energy transition strategy with estimated decarbonization benefits of 4.3 million tons of CO₂ equivalent over a 25-year period.
Conditions precedent for the remaining four projects in the wind cluster remain pending until the full 49% acquisition is completed.
Ecopetrol will disclose further developments regarding the transaction in accordance with applicable regulations.
Ecopetrol remains Colombia's largest company & a major integrated energy entity with operations across hydrocarbons, transmission, & international exploration in the Americas.