The liquidation of Ecopetrol Energia S.A.S. was due to the fact that Ecopetrol S.A. is currently the parent company of an electric power transmission company, and current regulations restrict the same group from simultaneously carrying out commercialization and transmission activities. Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 19,000 employees. With the acquisition of 51.4% of ISA’s shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla – Cartagena coastal highway concession. For more information, please contact:Head of Capital Markets (a)Cristhian Prado CastilloEmail: [email protected]Head of Corporate CommunicationsMarcela UlloaEmail: [email protected]View original content:https://www.prnewswire.com/news-releases/ecopetrol-announces-the-liquidation-of-one-of-its-subordinates-302274391.htmlSOURCE Ecopetrol S.A.Disclaimer: The above press release comes to you under an arrangement with PR Newswire.

Source: The Bubble October 12, 2024 05:23 UTC