Greentown Labs announced Ecopetrol as its newest Terawatt Partner?the highest level of engagement with the incubator. With a majority ownership stake held by the Colombian government, Ecopetrol is the country's largest company and also conducts operations in several other locales throughout South and North America. Ecopetrol's TESG (Technology, Environmental, Social, and Governance) framework is one of the four key pillars of its corporate strategy and involves leading several initiatives for diversification and decarbonization through renewables, electrification, natural climate solutions, hydrogen, and more.

Ecopetrol will play a vital role in supporting the country's progressive climate strategy and helping achieve its ambitious decarbonization and energy-transition targets. Through its partnership with Greentown, Ecopetrol will forge connections with the incubator's community of climatetech startups, gain access to curated and customized events, and participate on Greentown's Industry Leadership Council, which provides strategic guidance to the incubator.