Repsol sells major stake in upstream business to US private equity giant EIG

Deal is the latest in a series of partnerships the Spanish major has tabled during 2022 involving its upstream and renewable energy units

Innovation: Repsol’s chief executive Josu Jon Imaz said the agreement furthers the company’s net-zero strategy. — Innovation: Repsol’s chief executive Josu Jon Imaz said the agreement furthers the company’s net-zero strategy.Photo: PHIL MCCARTEN/CORPORATEEVENTIMAGES

Davide Ghilotti

London

Repsol EIG Global Energy Partners Spain Americas North America

Published 7 September 2022, 11:07Updated 7 September 2022, 15:55