Stonepeak to acquire a 43.8% stake in the 629 MW outpost solar project of Repsol for $252.5m.

Stonepeak, an alternative investment firm, agreed to acquire a 43.8% stake in the 629 MW outpost solar project of Repsol, a multi-energy company, for $252.5m. “Rejoining forces with Stonepeak, a major investor that continues to place its trust in the quality of our renewable assets in the United States, allows us to advance our growth strategy in this country, where we already have more than 2,800 MW in operation and under construction in solar and storage projects,” João Costeira, Repsol Low Carbon Generation Executive Managing Director.