Markets

Oil player bags Statkraft renewables as LatAm nation loses green sheen

Norway's state-owned utility narrowing overseas investments to core markets and Colombia has lost its lustre for renewables investors

The logo of Ecopetrol is seen on a crude oil storage tank at the plant in Acacias, south of Bogota.
The logo of Ecopetrol is seen on a crude oil storage tank at the plant in Acacias, south of Bogota.Photo: AFP via Getty Images
Senior Correspondent
Published 21 May 2025, 11:27Updated 21 May 2025, 11:27
ColombiaEcopetrolStatkraftEDPREnel