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Repsol working on closing first “renewable asset rotation” in US – CEO

Published by Uma Rajagopal

Posted on April 25, 2024

1 min read

· Last updated: January 30, 2026

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Repsol CEO Josu Jon Imaz discussing renewable asset rotation strategy in the US - Global Banking & Finance Review
Image of Repsol CEO Josu Jon Imaz at a conference discussing the company's first renewable asset rotation in the US, highlighting their commitment to sustainable energy initiatives.
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Repsol working on closing first “renewable asset rotation” in US – CEO MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreement with a renewable partner in the U.S. as part of its asset rotation strategy. “We are working on closing our first […]

Repsol working on closing first “renewable asset rotation” in US – CEO

MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreement with a renewable partner in the U.S. as part of its asset rotation strategy.

“We are working on closing our first renewable asset rotation in this country,” he said.

(Reporting by Pietro Lombardi, editing by Inti Landauro)

Frequently Asked Questions

What is renewable energy?
Renewable energy is energy generated from natural resources that are replenished constantly, such as sunlight, wind, rain, tides, waves, and geothermal heat. It is considered more sustainable than fossil fuels.
What is asset rotation?
Asset rotation is a strategy used by companies to manage their investment portfolios by selling off certain assets and acquiring new ones to optimize returns and reduce risk.
What is a partnership in business?
A partnership in business refers to a formal arrangement where two or more parties agree to manage and operate a business together, sharing profits, losses, and responsibilities.

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