Tag: Pontegadea

Pontegadea partners again with Repsol in a renewable asset, the Kappa solar plant

WEBWIRE – Friday, July 29, 2022 Pontegadea has invested 27 million euros to acquire 49% of Kappa, a 126.7 MW solar facility in Manzanares (Ciudad Real). This transaction values the asset at 109 million, including the project debt. This is Repsol’s second transaction with Amancio Ortega’s investment company, which acquired 49% of the Delta wind farm in November 2021. The transaction is Repsol’s third turnover of renewable assets after the Delta wind farm and the Valdesolar solar plant. Josu Jon Imaz, CEO of Repsol: “We are proud to strengthen our partnership with Pontegadea through another equity stake in a second ... Read more