{"id":1988,"date":"2026-04-11T19:26:48","date_gmt":"2026-04-11T19:26:48","guid":{"rendered":"https:\/\/www.europesays.com\/spain\/1988\/"},"modified":"2026-04-11T19:26:48","modified_gmt":"2026-04-11T19:26:48","slug":"repsol-sells-40-stake-in-hecate-energy-settles-legal-dispute","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/spain\/1988\/","title":{"rendered":"Repsol sells 40% stake in Hecate Energy, settles legal dispute"},"content":{"rendered":"<p><a href=\"https:\/\/www.pv-tech.org\/repsol-enters-us-renewables-market-with-investment-in-solar-developer-hecate-energy\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Repsol expanded into the US renewables market<\/a> with the acquisition of a 40% stake in solar and energy storage project developer Hecate Energy in May 2021. As per the agreement, Repsol had the option to buy the remaining shares it did not own three years after the deal\u2019s close.\u00a0 \u00a0<\/p>\n<p>The long-standing legal dispute between Repsol and Hecate was resolved in July 2025, as both parties reached an agreement to settle all outstanding issues. As part of the deal, Repsol agreed to sell its 40% stake to Hecate, enabling both companies to move forward independently and focus on their respective strategic goals.\u00a0<\/p>\n<p>In the first half of 2025, Repsol posted a net income of \u20ac603 million (US$695 million), a 62.9% decline from the same period in 2024. The adjusted income, that specifically measures the performance of the businesses, stood at \u20ac1.35 billion (US$1.5 billion), down 36.4% compared to the first six months of last year.\u00a0<\/p>\n<p>Repsol stated it will continue advancing its growth strategy in the US through ConnectGen, which manages a portfolio primarily focused on onshore wind assets. The company acquired ConnectGen in 2023 from Quantum Capital Group for US$768 million, gaining access to a 20GW pipeline.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Repsol expanded into the US renewables market with the acquisition of a 40% stake in solar and energy&hellip;\n","protected":false},"author":2,"featured_media":1989,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[120],"tags":[1553,1554,1555,127,30],"class_list":{"0":"post-1988","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-repsol","8":"tag-hecate-energy","9":"tag-legal-dispute","10":"tag-legal-settlement","11":"tag-repsol","12":"tag-us"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=1988"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1988\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/1989"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=1988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=1988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=1988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}