Repsol Renewables is one of the leading renewable energy platforms based in Europe. It has operations across multiple regions, including Spain, the US, Chile, Portugal and Italy. Its activities span a wide range of renewable technologies – from solar to wind, hydropower and storage.
With its impressive pipeline of projects, Repsol Renewables is a pivotal player in the renewables sector and is well-positioned to help drive the energy transition.
Repsol Renewables is the renewables arm of Repsol, the Spanish oil and gas giant, which is maintaining its position as the majority shareholder. Repsol’s backing represents a significant advantage in terms of realizing Repsol Renewables growth targets. EIP has a key role to play in actively guiding and supporting the development of the platform based on our expertise and insights.
With its robust and ambitious business plan, Repsol Renewables wants to significantly increase its installed capacity to 20 gigawatts by 2030. Building on its well-defined project pipeline and with support from an industry-leading team, Repsol Renewables has the potential to achieve growth beyond its existing project portfolio.
Strong pipeline and experienced team
Targeting approximately 6 gigawatts of renewable generation capacity by 2025 and 20 gigawatts by 2030, the development of Repsol Renewables' pipeline forms the core of our investment thesis.
Diversified renewable energy platform
Solar, wind, hydropower and storage across diverse geographies offer significant potential for value creation.
Strong commitment to ESG at all levels
With its strong emphasis on ESG, Repsol Renewables can deliver sustainable growth for investors across all of the platform’s geographies and technologies.
First oil and gas company to pledge CO2 neutrality
Repsol, the parent company of Repsol Renewables, has set a target of net zero by 2050. The renewables arm is supporting Repsol in achieving this target, which consists of interim decarbonization goals to reduce the company's carbon intensity indicator.
