Repsol to launch partial sale (49% stake) of solar and wind portfolio in Spain valued at over €900 million

Repsol has presented an investment of 2.5 million euros in its Palencia specialty plant to launch a new line of manufacturing of paraffin pearls, which will increase the production capacity by 33% and strengthen the role of the factory in strategic sectors such as automotive, construction or the textile industry.

Repsol to launch partial sale (49% stake) of solar and wind portfolio in Spain valued at over €900 million

The Corner Banc Sabadell | Repsol (REP) will sell a part (49% stake) of a solar (300 MW) and wind (400 MW) portfolio in Spain that will come on stream in 2025 with a combined capacity of 706 MW, according to press reports. The valuation is estimated at over €900 million. Assessment: Positive news with little impact (3.8% capitalisation/8% NFD’24) if confirmed as more asset rotation was expected by 2025. We recall...

Consensus of the Market Banc Sabadell Repsol (REP) will take out the partial sale (49% share) of a solar (300 MW) and wind (400 MW) portfolio in Spain that enter into operation in 2025 with a joint capacity of 706 MW, according to press. The valuation is estimated to be above 900 million euros. Rating: Positive news with little impact (3.8% capitalization/8% DBN’24) to be confirmed as more asset rotation was expected by 2025. We remember that i…