Stonepeak to Acquire 46.3% Stake in 777 MW Solar and Storage Project Portfolio

The solar and storage portfolio is in New Mexico and Texas.

May 2, 2025

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Stonepeak, an alternative investment firm focused on infrastructure and real assets, has agreed to acquire a 46.3% stake in Repsol’s 777 MW operating solar and storage portfolio in New Mexico and Texas for $340 million. Repsol is a Spanish energy and petrochemical company.

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