Pontegadea to acquire a 49% stake in Delta wind farm from Repsol for $280m.

Pontegadea, the family office of Amancio Ortega, agreed to acquire a 49% stake in Delta wind farm from Repsol, a Spanish energy and petrochemical company based in Madrid, for $280m. "This operation, with a solid and reliable partner such as Repsol, is part of Pontegadea’s overall investment strategy and strengthens the environmental commitment that accompanies all the activities in our portfolio, whether in the energy sector, real estate asset management or textile distribution," Roberto Cibeira, Pontegadea CEO.