This name is a synonym of Espeletiopsis petiolata (Cuatrec.) Cuatrec..
The record derives from TICA
(data supplied on 2012-02-11)
which reports it as a synonym (record C24F50FF-420E-41DF-904F-E0FB6796F984).
This name record (from TICA) was not included in version 1 of The Plant List. It is possible the same name was included from a different data source, to check this you can search for Espeletia petiolata in version 1 of The Plant List.