Repsol, a Spanish energy and petrochemical company, led a $205m funding round in Enerkem, a provider of low-carbon intensity biofuels and circular chemicals, with participation from Monarch Alternative Capital and Avenue Capital. "We are pleased to welcome Repsol as a shareholder. Repsol is a global multi-energy supplier that will greatly assist in accelerating the deployment of our technology in new markets. Repsol’s equity investment in Enerkem strengthens our position as a leader in the renewable fuels and chemicals sectors and in building a circular economy," Dominique Boies, Enerkem CEO.