CORPORATE STRATEGY

Q&A: New Investment Revs Up Repsol's Low-Carbon Drive

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Spanish major Repsol last week announced it was selling a 25% stake in its renewables business, Repsol Renovables, to a consortium of Credit Agricole Assurances and Energy Infrastructure Partners (EIP) for €905 million ($947 million) after an 18-month search and selection process. Joao Costeira, Repsol’s executive director of low-carbon generation, tells Energy Intelligence how the new investors will be involved going forward, as the company looks to grow its roughly 1.6 gigawatts of currently installed renewable capacity.

Topics:
Renewable Electricity , Low-Carbon Policy, Corporate Strategy , M&A
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