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Repsol acquires ConnectGen for $768m

Richard Heap
September 8, 2023

Spanish group Repsol has entered the US onshore wind market by acquiring renewables firm ConnectGen for $768m from Quantum Capital Group platform 547 Energy.

ConnectGen has a 20GW development pipeline of onshore wind, solar and storage projects in the US. The deal with help Repsol to achieve its goal of 20GW renewable energy generation capacity by 2030.

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