Announced
Completed
Financials
Tags
renewable energy
Alternative Fuels
Cross Border
Private Equity
Private
Majority
Acquisition
Spain
Friendly
Completed
Synopsis
Investment firms Energy Infrastructure Partners and Crédit Agricole Assurances, completed the acquisition of a 25% stake in Repsol Renovables, the renewable energy investment division of Repsol, an energy firm, for $1.15bn. “Fully in line with Crédit Agricole Group's commitments in favor of the climate, Crédit Agricole Assurances is actively contributing to a low-carbon economy through its investments in the energy transition. This investment alongside Repsol and EIP is a new step, contributing to reach our objective of 14 GW of installed capacity by 2025," Philippe Dumont, Crédit Agricole CEO.
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