Repsol Shores up Finances with Selling Stakes and Assets
Posted on 09/07/2022
Spanish energy giant Repsol S.A. agreed to sell about 95,000 net acres (38,000 hectares) of oil and gas producing land in Alberta to Canada Pension Plan Investments Board-backed Teine Energy Ltd. Repsol is estimated to receive up to C$ 400 million from the sale. Repsol and Teine have applied for regulatory approvals for the deal.…
