Repsol studies the sale of a product. 49% share Financial resources that are in a portfolio of wind and photovoltaic projects in Spain that are in operation or about to become operational, thus continuing the strategy of allowing minority partners to enter these projects, informed Europa Press.
Specifically, the operation very early stage The same sources added that it is expected to be closed by the end of this year.
This process of finding a minority partner for these ‘green’ projects, 700 and 800 million euros, as announced by ‘El Confidencial’ this Wednesday. Repsol sources declined to comment.
Renewable power plants will increase the total capacity approximately. 600 megawatts (MW) and Andalusia, Aragon, Castilla-La Mancha, and Castilla y León.
Alliances formed through the participation of minority partners are included in the energy company’s strategy to develop its renewable energy portfolio. Thus, in July last year, he formed a new alliance with Pontegadea, the investment vehicle of Amancio Ortega, the founder of Inditex, to sell him a 49% stake in the photovoltaic complex.Kappaenergy, an amount of 27 million euros.
Earlier, in November 2021 Repsol also signed a deal with Spain’s richest man and one of the greatest luck in the world Sale of a similar stake in the ‘Delta’ wind farm with an investment of 245 million euros.
Also in March last year, the group led by Josu Jon Imaz took over 49% of the ‘Valdesolar’ photovoltaic plant. Renewable Infrastructure Group (TRIG) to 117 million Euros.
In addition, in June 2022, Repsol completed the sale of 25% of its renewable energy subsidiary to the consortium formed by Crédit Agricole Assurances and the Swiss fund. Energy Infrastructure Partners (EIP) also assumes the relevant portion of the debt, amounting to €905 million.
Spain has Repsol 1.600 MW almost the installed capacity in wind, solar photovoltaic and hydraulic and renewable energy among others. 1.100 MW the under construction.
strategic plan 2021-2025 energy company 6,000MW installed capacity in 2025 and 20,000 MW In 2030 and the multi-energy company’s current portfolio of installed renewable generation projects is over 2,000 MW.
The company he headed, in December Anthony Brufau signed the purchase Asterion Energies, bringing together a portfolio of renewable assets 7,700 MW.