About Stonepeak
Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $73 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, with a focus on downside protection and strong risk-adjusted returns. Stonepeak, as sponsor of private equity and credit investment vehicles, provides capital, operational support, and committed partnership to grow investments in its target sectors, which include digital infrastructure, energy and energy transition, transport and logistics, and real estate. Stonepeak is headquartered in New York with offices in Houston, Washington, D.C., London, Hong Kong, Seoul, Singapore, Sydney, Tokyo, and Abu Dhabi. For more information, please visit www.stonepeak.com.
About Repsol
Repsol is a multi-energy company that can meet all the energy needs of its customers at home and on the move. It employs 25,000 people in more than twenty countries and has 24 million customers. Its extensive network of 4,500 service stations supplies fuels in Spain, Portugal, Peru, and Mexico and is incorporating alternatives such as electric recharging, 100% renewable fuels, AutoGas, and vehicular natural gas. It has 2.5 million electricity and gas customers in Spain and Portugal and is the fourth largest electricity market operator in Spain. In addition, it has a diversified renewable generation portfolio, with an installed capacity of close to 4,000 MW, mainly in Spain, the United States, and Chile. It produces an average of 571,000 barrels of oil equivalent per day and has one of the most efficient refining systems in Europe. Repsol is transforming its six industrial complexes in the iberian peninsula into multi-energy hubs, capable of treating a wide variety of raw materials and waste to manufacture products with a low carbon footprint, such as 100% renewable fuels, which will be key to achieving its goal of becoming a net-zero emissions company by 2050.
Forward-looking statements
This press release contains “forward-looking statements”, within the meaning of applicable U.S. and Australian securities laws, including with respect to market conditions, results of operations and financial condition, including, for example, but not limited to, statements regarding the transaction (including statements concerning the timing and completion of the transaction, the expected benefits of the transaction and other future arrangements between Stonepeak and Repsol), expectations regarding future expenditures and future results.
All statements, other than statements of historical or present facts, are forward-looking statements and generally may be identified by the use of forward-looking words such as “opportunity”, “guidance”, “foresee”, “likely”, “potential”, “anticipate”, “believe”, “aim”, “estimate”, “expect”, “intend”, “may”, “target”, “plan”, “forecast”, “project”, “schedule”, “will”, “should”, “seek” and other similar words or expressions. Forward-looking statements in this press release are not guidance, forecasts, guarantees or predictions of future events or performance but instead represent expectations, estimates and projections regarding future events or circumstances. Those statements and any assumptions on which they are based are only opinions, estimates and assumptions that we considered appropriate and reasonable as of the date such information is stated and are subject to change without notice and are subject to inherent known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements.
Actual results or performance may vary materially from those expressed in, or implied by, any forward-looking statements. All information included in this press release, including any forward-looking statements, speak only as of the date of this press release and neither Stonepeak nor Woodside undertake to update or revise any information or forward-looking statements contained within, whether as a result of new information, future events, or otherwise, except as required under applicable U.S. or Australian securities laws.