Repsol’s renewables head exclusively told Reuters that the Spanish oil company will develop more than 1.7 gigawatts (GW) of renewable energy projects in Italy, costing around 500 million euros ($550 million).
Energy
Repsol to invest $550 million in first Italian renewable projects
17 May 2023, 4:20 pm 1 minute
Market Impact
Repsol has a target to grow its renewable capacity to 6 GW globally by 2025 and 20 GW by 2030, up from around 2 GW today. Repsol said it expected to spend around a quarter of its capital spending on renewable projects this year.
Article Tags
Topics of Interest: Energy
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Europe
Countries: ItalySpain
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
