Repsol to Acquire Large Wind Portfolio From Forestalia -El Confidencial
December 05 2019 - 4:36AM
Dow Jones News
--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)
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