REPYY - Repsol Dives Into US Wind Market With ConnectGen Acquisition Worth $768M | Benzinga
Repsol S.A.(OTC: REPYY) joins the U.S. onshore wind market by acquiring renewable energy platform ConnectGen, with a 20,000 MW pipeline and development capabilities, for $768 million.
The acquisition of ConnectGen from Quantum Capital Group is a new milestone in Repsol Renewables' strategy to strengthen its position as a global player in the renewable energy business.
For 2023, the company plans to allocate 35% of its investments to low-carbon projects. The fiscal contribution stood at €7.343 billion in the year's first half. Repsol issued ...