--Repsol has hired investment bank JPMorgan Chase & Co. to spin off its renewables unit, El Confidencial reports.

--The Spanish energy company is considering selling or listing the division on the stock market as soon as June, and the unit could be valued at up to 4 billion euros ($4.82 billion), according to the newspaper.

--Repsol declined to comment when contacted by Dow Jones.

Full story: https://bit.ly/3jfpVBT

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

February 03, 2021 10:11 ET (15:11 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
Repsol (QX) (USOTC:REPYY)
Historical Stock Chart
From Dec 2024 to Jan 2025 Click Here for more Repsol (QX) Charts.
Repsol (QX) (USOTC:REPYY)
Historical Stock Chart
From Jan 2024 to Jan 2025 Click Here for more Repsol (QX) Charts.