Repsol enters US onshore wind market

Wind Industry Profile of

Repsol today agreed to acquire the renewable energy platform ConnectGen, with a 20,000 MW pipeline and development capabilities, for $768 million (c.€715 million) from Quantum Capital Group, a provider of capital to the global energy and energy transition industries.

Repsol has taken a significant step to accelerate its multi-energy transformation to net zero emissions by 2050. The Spanish company signed today an agreement to acquire US renewable development company ConnectGen for $768 million (c.€715 million) from Quantum Capital Group’s global renewable energy development platform, 547 Energy. This transaction is a new milestone in Repsol Renewables’ strategy to strengthen its position as a global player in the renewable energy business, increasing... ... More: Official Press Release Repsol

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Repsol, USA, market, onshore, wind, ConnectGen, pipeline, development, energy transition, capital, energy transition