Eig To Acquire 25% Of Repsol’S Entire Global Upstream Business In New Partnership
Acquiring Company
EIG
Acquired Company
Repsol
United StatesEnergyOil And GasRenewable EnergyEnergyOil And GasRenewable EnergyBiomass EnergyDescription
EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with Repsol S.A. (“Repsol”) to acquire a 25% stake in Repsol Upstream, a newly-formed global exploration & production (“E&P”) company comprising Repsol’s entire global upstream oil and gas business. The strategic partnership delivers upfront capital to Repsol to increase its investment in the energy transition, specifically to support the growth of Repsol’s renewable power generation, renewable fuels, and circular products segments.
Quick answer
EIG is acquiring Repsol, announced September 7, 2022. EIG is based in United States.
- How much did EIG pay for Repsol?
- The deal value was not disclosed.
- What does EIG do?
- EIG is a leading infrastructure investment firm specializing in energy and power sectors.
- Where are EIG and Repsol based?
- EIG is based in United States.
- Who are the decision-makers at EIG?
- Fundz holds 1 contact at EIG. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Repsol?
Repsol was acquired by EIG, based in United States. The deal was reported on September 7, 2022. EIG is a leading infrastructure investment firm specializing in energy and power sectors. EIG is privately held and operates in Energy.
When did EIG acquire Repsol?
EIG's acquisition of Repsol was reported on September 7, 2022. EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement with Repsol S.A. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Repsol do?
Repsol is a global multi-energy company that is leading the energy transition with its ambition of achieving zero net emissions by 2050. It is privately held, operating in Energy.
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