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0 0 0 0.000859845227858967 -0.000859845227858967 0.00816852966466042 0.00343938091143587 0.00386930352536543
Stock impact report

Exclusive: Colombia's Ecopetrol exploring participation in offshore wind auction [Reuters]

Ecopetrol S.A. American Depositary Shares (EC) 
Company Research Source: Reuters
country's first-ever offshore wind auction, the company said in a statement to Reuters. The government of President Gustavo Petro, Colombia's first leftist leader, has said it wants to wean the Andean country from its dependence on fossil fuels while ensuring energy self-sufficiency. Report this ad Bidders in the auction for concessions off the country's Caribbean coast are required to demonstrate some sort of partnership agreement with a public or mixed-ownership company - such as Ecopetrol - in order to be awarded a concession. But it had not been known whether Ecopetrol would seek to qualify for the auction process as a bidder itself. "Ecopetrol is carrying out the technical, economic and legal analyses of its potential participation in the offshore wind auction process," the company told Reuters in a statement in response to questions about its participation. Potential private bidders will be able to choose from a variety of companies with public participation, energy Show less Read more
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