Repsol to acquire a 40% stake in Hecate Energy.

Repsol, a company that explores for and produces crude oil and natural gas, agreed to acquire a 40% stake in Hecate Energy, a PV solar and battery storage project developer. Financial terms were not disclosed. "With this acquisition we enter the US renewable market with the best possible partner and advance our strategic objective of becoming a global low-emissions operator. We continue to demonstrate our commitment to multi-energy and move forward with the transformation of Repsol into a net zero emissions company," María Victoria Zingoni, Repsol Executive Managing Director of Client and Low-Carbon Generation.