REPYY Repsol SA (QX)

   By Mauro Orru 
 

Microsoft Corp. and Repsol SA are expanding their partnership on energy transition and digital innovation, with the Spanish energy company agreeing to provide Microsoft with renewable energy in Europe while expanding its use of Microsoft cloud solutions.

Repsol said Wednesday that it would provide a long-term supply of renewable wind and solar power to Microsoft operations in Europe, a development that is expected to support Microsoft's ambition to source 100% of its energy supply from renewable sources by 2025.

The two companies will also cooperate on the creation of artificial-intelligence-powered digital solutions, Repsol said.

"The extension of our collaboration and the supply of renewable energy undoubtedly reaffirms the vision that both companies share about sustainability and how digitalization will transform the energy sector," Repsol Chief Executive Josu Jon Imaz said.

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

(END) Dow Jones Newswires

March 17, 2021 12:56 ET (16:56 GMT)

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