Promoting renewable energy projects

Repsol acquires 47 percent stake in Orisol

Press Release 16/09/2010 00:00
  • This transaction will allow Repsol to increase its expertise in generating renewable energy and develop a more attractive portfolio of projects.
  • Repsol will take advantage of synergies with technology and domestic markets, highlighting its competitive advantage.
  • Orisol is a company with proven experience in the renewable energy sector, and is part of the Synergy/Aernnova group.
  • Repsol will steer the Orisol business plan towards energies with a growing strategic interest, such as offshore, tidal and geothermal wind energy.
  • This transaction complements and strengthens the development of the recently formed New Energy business unit.