Brief: Masdar And Repsol To Partner In EUR 849 Mln Renewables Portfolio In Spain
BRIEF-Masdar And Repsol To Partner In EUR 849 Mln Renewables Portfolio In Spain June 11 (Reuters) - MASDAR:
MASDAR AND REPSOL TO PARTNER IN EUR 849 MILLION RENEWABLES PORTFOLIO IN SPAIN
MASDAR ANNOUNCED THAT IT HAS SIGNED AN AGREEMENT TO ACQUIRE A 49.99% STAKE IN A PORTFOLIO OF RENEWABLE ENERGY ASSETS IN SPAIN
TRANSACTION VALUES THE OPERATIONAL PORTFOLIO AND ITS DEVELOPMENT PIPELINE AT €849 MILLION
PORTFOLIO COMPRISES 705 MEGAWATTS (MW) OF OPERATIONAL CAPACITY, INCLUDING 13 WIND FARMS (402 MW) AND SIX PHOTOVOLTAIC SOLAR PARKS (303 MW), ALL OF WHICH ENTERED OPERATION IN 2025 AND THE FIRST QUARTER OF 2026
PORTFOLIO INCLUDES AN ADDITIONAL 565 MW OF HYBRIDIZATION GROWTH PIPELINE OF WIND, SOLAR, AND BATTERY STORAGE
((Reuters.Briefs@thomsonreuters.com;))