London Escorts sunderland escorts asyabahis.org dumanbet.live pinbahiscasino.com www.sekabet.net olabahisgir.com maltcasino.net faffbet-giris.com asyabahisgo1.com dumanbetyenigiris.com pinbahisgo1.com sekabet-giris2.com www.olabahisgo.com maltcasino-giris.com www.faffbet.net www.betforward1.org betforward.mobi www.1xbet-adres.com 1xbet4iran.com www.romabet1.com www.yasbet2.net www.1xirani.com romabet.top www.3btforward1.com 1xbet 1xbet-farsi4.com بهترین سایت شرط بندی بت فوروارد
5.1 C
Munich
Tuesday, December 3, 2024

Repsol could sell renewables stake

Must read

Trump on horizon - Race to form Irish government

By Adam Woodward • Published: 03 Dec 2024 • 7:16 • 2 minutes read Irish Taoiseach Simon Harris and Foreign Minister Micheál...

Repsol could sell renewables stak
REPSOL: Chief executive Josu Jon Imaz not confirming renewables rumours
Photo credit: Flickr/Repsol


Reuters revealed that oil company Repsol is negotiating the sale of a holding in its renewables division.


Repsol Renewables is currently worth €5.9 billion including debt, according to a UBS report in April 2024.


The company headed by Josu Jon Imaz has received an unsolicited approach from an investor and appointed Santander to advise on the sale, people close to the talks told Reuters.  The move would help the Spanish multinational to fund its strategic plan through to 2027, four separate sources confirmed.


What is known so far is that Repsol would retain more than 50 per cent of the renewables unit once the unnamed investor injected new capital, the insiders continued.


Talks were at a preliminary stage, they said, emphasising that there was no certainty that the deal would go through.


Reuters could not determine the investor’s identity and neither Repsol nor Santander wished to comment on the sale.


Sign up for personalised news

Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!


By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Privacy Policy for more information about our privacy practices.


Originally from the UK, Linda is based in Valenca and is a reporter for The Euro Weekly News covering local news. Got a news story you want to share?
Then get in touch at [email protected].


Leave a comment Cancel reply

Your email address will not be published. Required fields are marked *

Website

Comment for robots

Known as the PEOPLE’S PAPER, Euro Weekly News is the leading English language newspaper in Spain. And it’s FREE!

Covering the Costa del Sol, Costa Blanca, Almeria, Axarquia, Mallorca and beyond, EWN supports and inspires the individuals, neighbourhoods, and communities we serve, by delivering news with a social conscience. Whether it’s local news in Spain, UK news or international stories, we are proud to be the voice for the expat communities who now call Spain home.

With around half a million print readers a week and over 1.5 million web views per month, EWN has the biggest readership of any English language newspaper in Spain. The paper prints over 150 news stories a week with many hundreds more on the web – no one else even comes close.

Our publication has won numerous awards over the last 25 years including Best Free Newspaper of the Year (Premios AEEPP), Company of the Year (Costa del Sol Business Awards) and Collaboration with Foreigners honours (Mijas Town Hall). All of this comes at ZERO cost to our readers. All our print and online content always has been and always will be FREE OF CHARGE.


Sign up for personalised news

Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!


By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our Privacy Policy for more information about our privacy practices.

Close

- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest article