Ecopetrol acquired full ownership of Compañía Wind Autogeneración, responsible for the Windpeshi wind project in Colombia. The project will have a 205 MW capacity, generating 1,006 GWh/year. Construction is set to start by the end of 2025, with operations expected before 2028, reducing CO₂ emissions by 4.8 million tonnes and costing ~$350 million.

Ecopetrol is an integrated energy company with 4 segments. The company plans to expand its renewable energy portfolio with the Windpeshi project. While EC is seen as a good investment, certain AI stocks may offer greater potential. Insider Monkey offers a free report on the best short-term AI stock for interested investors.

Read more at Yahoo Finance: Ecopetrol Supports Renewable Energy Portfolio with Full Acquisition of Windpeshi Wind Project