India, May 21 -- Integrated energy company Ecopetrol S.A. (EC) announced Wednesday that it executed an asset purchase purchase agreement with Statkraft European Wind and Solar Holding, AS for the potential acquisition of its portfolio in Colombia.
The portfolio includes one company dedicated to the development and operation of solar and wind assets, six special purpose entities owning solar projects (614 MW), and three special purpose entities owning wind projects (750 MW).
The agreement is subject to the fulfillment of conditions precedent and other legal requirements, which, once met, is intended to allow Ecopetrol to acquire the portfolio of up to 1.3 GW.
The companies are owned by Statkraft's subsidiaries: Enerfin Sociedad de Energia...