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Announced

Completed

Repsol completed the acquisition of Asterion Energies from Asterion Industrial for €580m.

Financials

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Transaction Value£498m
Consideration TypeContingent Deferred Consideration, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Investment Banking

Private Equity

renewable energy

Acquisition

Private

Completed

Majority

Single Bidder

Friendly

Domestic

Spain

Synopsis

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Repsol, an energy and petrochemical company, completed the acquisition of Asterion Energies, a renewable energy investment platform, from Asterion Industrial, an investment management firm, for €580m. "we are realizing our ambition to be leaders in the energy transition, taking firm steps, such as this asset acquisition, to meet our goals of growth, diversification, and focus on multi-energy. The projects and human talent that we are incorporating with this transaction perfectly complement our strategy," Josu Jon Imaz, Repsol CEO.

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