Repsol Acquires Asterion Energies For EUR 560 Mln, Targets To Strengthen Global Presence

Repsol (REPYY.PK) Friday announced the acquisition of Asterion Energies for a total of 560 million euros plus contingent payments of up to 20 million euros.

Through the transaction, Repsol targets reaching 6,000 MW of installed renewable generation capacity by 2025 and 20,000 MW by 2030. Further, its presence in key European and international markets will be strengthened.

Asterion manages a portfolio of renewable assets of 7,700 MW in Spain, Italy, and France for the European infrastructure fund Asterion Industrial.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
New York-based Delta Enterprise Corp. is recalling about 43,380 units of 2-in-1 outdoor kids swings citing fall hazard, the U.S. Consumer Product Safety Commission said. This recall involves 2-in-1 Outdoor Kids Swing with model numbers SW86508MM, SW86516MN, SW86575MM, SW86576MN and SW86577PW. Tesla and SpaceX chief executive Elon Musk has joined a group of tech experts including Apple co-founder Steve Wozniak to urge the world to initiate a temporary pause in the development of giant artificial intelligence or AI experiments citing risks to society and civilization. The open letter, issued by the Future of Life Institute and signed by more than 1,300 people, including Musk, ... Illinois -based Gilster Mary Lee Corp. is recalling one lot of HyVee Hamburger Chili Macaroni Skillet Meal citing possible presence of undeclared milk, a known allergen, the U.S. Food and Drug Administration said. The only lot involved is 5.2-oz. cartons of HyVee Hamburger Chili Macaroni Skillet Meal with UPC 75450-08552 and Best By date of FEB 08 24 Y18.
Follow RTT