SUBSCRIBE
PROFILE

Repsol sells 49% stake in Spanish wind and solar portfolio to Schroders Greencoat

UK-based manager Schroders Greencoat acquires a minority stake in ten Repsol renewable assets in Spain, valued at €580mn, reinforcing its investment strategy in the European energy transition.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

START NOW — 4.90$/month

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

SUBSCRIBE — 99$/year

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Sign up for free to unlock this article

Repsol S.A. has announced an agreement with Schroders Greencoat, the specialist renewable infrastructure arm of Schroders Capital, for the sale of a 49% stake in a portfolio of assets in Spain totalling an installed capacity of 400 megawatts (MW). The portfolio, valued at €580mn, consists of eight wind farms located across the provinces of Huesca, Zaragoza, and Teruel (300 MW), as well as two solar plants situated in Palencia (100 MW).

New milestone in Repsol’s capital optimisation strategy

The transaction, subject to administrative formalities, aligns with Repsol’s strategy of integrating financial partners into its assets to optimise capital structure and ensure double-digit returns. Repsol will retain operational control of the assets. To support the transaction, the Spanish company arranged a syndicated loan of €348mn in December 2024, involving BBVA, Crédit Agricole CIB, Banco Sabadell, and the Spanish Official Credit Institute (ICO).

First investment for Schroders Greencoat’s European fund

This partnership marks the first deal carried out by the Schroders Greencoat Europe SCSp fund, launched in November 2024 with over €220mn in initial capital. The fund aims to build a diversified portfolio of energy transition assets across Europe, including renewable generation infrastructure, as well as storage, smart grids, green hydrogen, and mobility sectors.

Expansion of Schroders Greencoat’s Spanish portfolio

The operation strengthens Schroders Greencoat’s position in the Spanish market, where it began investing in 2022. The UK-based manager, founded in 2009, currently oversees more than 430 renewable infrastructure assets across the UK, Europe, and the US, with an aggregate net generation capacity exceeding 7.4 GW.

According to João Costeira, Executive Managing Director of Low Carbon Generation at Repsol, the agreement reflects the “attractiveness and strength” of the company’s renewable project portfolio. For Schroders Greencoat, the acquisition represents a strategic first step in executing its investment policy focused on high-quality assets backed by long-term power purchase agreements.

  • Popular on energynews.pro
India launches tender for 3,640 kW rooftop solar under SECI
Waaree Energies launches 950 MW solar unit at its Gujarat plant
Veolia and TotalEnergies sign agreement to optimise industrial resources
Ukrainian strike cuts power to 5,400 homes in Belgorod region
Sweden prepares compensation framework to secure nuclear investments
CPP Investments injects $1 billion into AlphaGen to support AI-driven energy growth
The Canadian pension fund takes a strategic minority stake in AlphaGen, a 11 GW U.S. power portfolio, to address rising electricity demand from data centres and artificial intelligence.
BlackRock and Canada Pension Plan finalise $6.2bn Allete buyout with Minnesota approval
Minnesota’s public regulator has approved the $6.2bn acquisition of energy group Allete by BlackRock and the Canada Pension Plan, following adjustments aimed at addressing rate concerns.
Clariant targeted by BP and ExxonMobil in ethylene case
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
Statkraft sells its district heating business for NOK3.6bn to Nordic consortium
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
Petronas Gas separates regulated and non-regulated activities in major reorganisation
Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
Marubeni creates power trading joint venture with SmartestEnergy in Japan
Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.
Exxon to cut up to 500 jobs in Singapore as part of global restructuring
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Phoenix Energy begins trading preferred shares on NYSE American under PHXE.P
Phoenix Energy raised $54.08mn through a preferred stock offering now listed as PHXE.P on NYSE American, with an initial dividend scheduled for mid-October.
TotalEnergies cuts investments while accelerating energy production
TotalEnergies plans to increase its energy production by 4% annually until 2030, while reducing global investments by $7.5bn amid what it describes as an uncertain economic environment.
Occidental in talks to sell OxyChem in a $10bn deal
Occidental Petroleum is considering selling its chemical subsidiary OxyChem for $10bn, a transaction that forms part of its deleveraging strategy launched after several major acquisitions.
ABO Energy considers operating its own wind and solar parks
ABO Energy is assessing a shift to independent power production by operating its own renewable parks, signalling a major strategic move in a market that has become more favourable.
Fortescue forges global industrial alliances to electrify its mining operations
Fortescue accelerates the decarbonisation of its operations by leveraging an international network of technology and industrial partners, targeting net zero at its mining sites by 2030.
Pemex approves partial debt buyback totalling $9.9bn
Mexican state-owned company Pemex confirmed the partial acceptance of bond securities under its debt repurchase offer, with a total allocation of $9.9bn, following strong oversubscription.
MET Group takes full control of Slovak subsidiary and enters Albania
Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.
Gresham House acquires SUSI Partners to become a leading European energy player
UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.
Spruce Power cuts jobs and closes Denver office to save $20mn annually
Spruce Power launches an internal reorganisation aimed at reducing annual operating costs by $20mn, with the closure of its Denver office and a refocus on key initiatives to strengthen profitability.
TotalEnergies adjusts share buybacks and strengthens employee shareholding for 2026
TotalEnergies’ Board of Directors is adjusting its shareholder return strategy while consolidating its multi-energy growth and employee shareholding plan amid an uncertain energy and geopolitical landscape.
Fermi America signs two energy deals with Siemens Energy for 2 GW in 2026
Fermi America has signed two letters of intent with Siemens Energy to supply an additional 1.1 GW of gas turbines and collaborate on nuclear steam turbines as part of its 11 GW private energy campus dedicated to artificial intelligence.
Aker invests $285mn in Nscale and acquires 9.3% equity stake
Aker becomes one of Nscale’s largest shareholders following a $1.1bn funding round, reinforcing its exposure to large-scale artificial intelligence infrastructure.
TenneT secures equity funding for Germany via three European investors
TenneT Holding has reached an agreement with APG, GIC and NBIM to finance the expansion of the German high-voltage grid, securing its capital needs for the coming years.