Spanish energy giant Repsol is in the final stage of selling a 49% stake in its largest renewables portfolio in Spain to Masdar, the clean energy giant of the United Arab Emirates (UAE), Spanish daily Cinco Dias reported on Monday, citing sources close to the deal.
The deal, expected to be finalized within weeks, is aimed at raising capital at Repsol by welcoming a minority partner in the renewable asset portfolio, Cinco Dias reported.
As part of its 2026-2028 strategic plan, Repsol will be looking to boost its renewable generation capacity and maximize the value of these assets through the entry of partners.
Full story Repsol Set to Sell 49% in Spanish Renewables Portfolio to UAE's Masdar | OilPrice.com
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