Ecopetrol Expands Renewable Energy Portfolio with Wind Autogeneración Acquisition

Ecopetrol Acquires Wind Autogeneración S.A.S.

Ecopetrol S.A., a leading energy company in Colombia, recently announced the acquisition of Wind Autogeneración S.A.S., marking a significant development in the company’s journey towards an expanded renewable energy portfolio. This strategic purchase includes the Windpeshi project, which is set to contribute remarkably to Ecopetrol's energy generation capabilities.

In a transaction finalized in July 2025, Ecopetrol acquired 100% of Wind Autogeneración's shares from Enel S.A.S. This move aligns with the company's objectives to enhance its renewable energy initiatives in Colombia. Approval from Ecopetrol's Board of Directors was granted back in December 2024, followed by the completion of necessary conditions including regulatory approvals, showcasing the meticulous approach taken by the firm.

Windpeshi Project Overview

The Windpeshi project, situated in La Guajira—a region renowned for its favorable wind conditions—will boast an installed capacity of 205 megawatts (MW). This project will immediately contribute to Ecopetrol's self-consumption energy needs, with an expected annual output of approximately 1,006 GWh. This energy generation is projected to meet around 8-9% of the total energy demand of the Ecopetrol Group.

Moreover, the project represents a substantial step forward in energy cost optimization and committing to a decarbonized future. With estimations of avoiding about 4.8 million tons of CO2 emissions, this initiative reinforces Ecopetrol’s efforts in fighting climate change while facilitating an investment of roughly $350 million between 2025 and 2027.

Project Development Timeline

Ecopetrol plans to expedite the construction of the Windpeshi project, aiming to resume activities no later than the end of 2025, with operations expected to commence before 2028. To ensure high-quality execution, the company intends to engage with reputable contractors experienced in developing renewable energy projects. This strategy showcases Ecopetrol's commitment to maintaining high standards while transitioning to sustainable energy production.

Community Engagement

A critical aspect of the Windpeshi project's development is Ecopetrol’s commitment to engaging with the local community, particularly the Wayuu indigenous people in La Guajira. The company recognizes the importance of fostering intercultural dialogue and collaboration with ancestral authorities and regional stakeholders, focusing on respectful integration and addressing community concerns. Such initiatives are pivotal as they contribute to designing a project framework that respects indigenous land and promotes mutual benefits.

The Future of Ecopetrol

The acquisition marks the beginning of a new phase for Ecopetrol as it ventures deeper into non-conventional renewable energy projects within La Guajira, a region with immense potential for solar and wind energy development. The Windpeshi project is notably the first major renewable initiative to be fully developed by Ecopetrol, setting a precedent for future projects in the country.

Ecopetrol stands as the largest company in Colombia, underpinning more than 60% of the nation’s hydrocarbon production while also excelling in transportation, logistics, and refining. Aside from its local operations, Ecopetrol has established a foothold across the Americas, with strategic interests in the United States, Brazil, Mexico, and various South American countries, especially in power transmission.

In conclusion, the acquisition of Wind Autogeneración S.A.S. not only enhances Ecopetrol's energy portfolio but also signifies its commitment to a greener future. With community involvement at its core, the Windpeshi project promises to fortify Ecopetrol's position as a pioneer in renewable energy initiatives in Colombia, ensuring long-term sustainability for both the company and the broader environment.