--Repsol is set to purchase wind-farm assets from Forestalia with a capacity of 850 megawatts for a total investment of almost EUR900 million, Spanish publication El Confidencial reports, citing unnamed sources.

--The operation would be the largest wind-development transaction ever recorded in Spain, according to El Confidencial.

--The deal is in line with Repsol's strategy to increase investments in renewables and become a zero net emission firm in 2050, El Confidencial says.

 

Full story: https://bit.ly/2DPkIgh

 

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(END) Dow Jones Newswires

December 05, 2019 04:21 ET (09:21 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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