2024-11-05
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Repsol enters US onshore wind market with the acquisition of ConnectGen from Quantum Capital Group

Repsol enters US onshore wind market with the acquisition of ConnectGen from Quantum Capital Group
09/11/2023

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.

EIB approves €575 million loan to support Repsol’s renewable energy projects in Spain

EIB approves €575 million loan to support Repsol’s renewable energy projects in Spain
07/26/2023

The financing signed today amounts to €400 million and is the first tranche of the total approved loan, which will support the rollout of wind and solar power plants with a total capacity of 1.1 GW / This operation contributes to the REPowerEU objective of increasing security of energy supply by reducing EU dependency on imports of fossil fuels / The agreement also supports Repsol’s objective of reaching 20 GW of installed renewables capacity in 2030 and zero net emissions by 2050

Repsol adds EIP and Crédit Agricole Assurances as partners to grow its Renewables business

06/13/2022

Crédit Agricole Assurances and Energy Infrastructure Partners (EIP) have signed an agreement to acquire 25% of Repsol Renovables for €905 million / This price implies valuing Repsol’s renewables business at €4.383 billion, including debt / The agreement was approved at an extraordinary meeting of the Board of Directors held today.

Repsol and Amazon announce strategic collaboration

12/23/2021

Repsol and Amazon Web Services (AWS) have signed a collaboration agreement to advance both companies’ sustainability goals / Repsol will contribute to Amazon’s commitment to power its global operations with 100% renewable energy through renewable power purchase agreements / AWS will provide Repsol with new cloud services to accelerate its digital transformation and continue development of its multi-cloud commitment, defined in the multi-energy company’s 2021-2025 Strategic Plan / Both companies will cooperate to develop innovative cloud digital solutions to achieve their sustainability goals

Repsol incorporates investment firm Pontegadea as a partner in Delta wind farm

11/15/2021

Repsol has reached an agreement with Pontegadea to partner in its first operational wind farm in Spain, in what is the first renewable energy deal of the investment firm chaired by Amancio Ortega / Pontegadea is investing €245 million to take a 49% stake in Delta, a wind farm with an installed capacity of 335 MW located in the province of Zaragoza.

Repsol and Ibereólica Renovables complete construction of Cabo Leones III, their first joint wind farm in Chile

09/29/2021

Located in the northern Chilean region of Atacama, the wind farm has a total installed capacity of 188.1 MW / The project’s second phase, with 110 MW of installed capacity, is slated to begin commercial operations in the fourth quarter this year / Cabo Leones III’s projected annual production of 520 GWh will make it capable of meeting the energy needs of 170,000 Chilean households / Repsol and Ibereólica Renovables have finalized a long-term financing plan for Cabo Leones III worth $209 million, with the participation of financial institutions from Spain and around the world

Repsol Ibereólica Renovables Chile signs a power purchase agreement for its Atacama wind power project

02/17/2021

This 14-year long-term agreement guarantees double-digit profitability of this renewable power generation project / The Atacama wind farm will have a total capacity of 180 MW and will begin commercial operation in the second half of 2022.

Repsol and Ibereólica Renovables advance in the construction of their first joint wind farm in Chile

01/18/2021

Nacelles for the wind turbines for the 189 MW Cabo Leones III project, located in the Atacama region of Chile, leave the port of Bilbao / The first phase of this wind farm, with 79 MW of installed power, begins commercial operation

Repsol to develop 26 new wind farms in Aragon in northern Spain, totaling 860 MW

03/02/2020

The new project, named Delta 2, will be built and operated by Repsol’s electricity and gas subsidiary, and will be developed over the next three years.

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