Repsol sells 49% stake in Spanish wind and solar portfolio to Schroders Greencoat
Repsol has sold a 49% minority stake in a 400 MW renewable portfolio in Spain to Schroders Greencoat for €580 mn, confirming its co-investment strategy to optimise project profitability.
| Companies | BBVA, Repsol |
|---|---|
| Sector | Énergie Solaire, Énergie Éolienne, Terrestre, Photovoltaïque |
| Theme | Investissements & Transactions, Financement, Développement de projets |
Repsol S.A. has entered into an agreement with Schroders Greencoat, the specialist renewable infrastructure manager of Schroders Capital, for the sale of a 49% stake in a 400-megawatt (MW) wind and solar electricity generation portfolio located in Spain. The transaction values the entire portfolio at €580 mn, according to the statement released on 26 March.
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