Repsol closes acquisition of minority stake in Hecate Energy

Repsol has finalized the acquisition of a 40% share in Hecate Energy, a US company specializing in the development of PV solar and battery projects for energy storage.

Hecate Energy, based in Chicago, has an extensive portfolio of renewable projects totaling more than 40 gigawatts (GW). Of these, 16.8 GW are PV solar projects and energy storage associated with these assets, all at advanced stages of development. The company also participates in Hecate Grid, a battery platform for energy storage with a capacity of 4.3 GW.