Asterion Industrial Partners signed the acquisition of Asterion energies from Asterion Industrial Infra Fund I, FCR managed by Asterion Industrial Partners for €580 million on December 16, 2022. The acquisition is from European infrastructure fund Asterion Industrial for €560 million plus up to €20 million in contingent payments. The operation is subject to standard approvals for this type of transaction. The closing of the transaction is subject to customary closing conditions. Banco Santander, S.A., Research Division acted as Financial advisor and Ignacio Pallarés & María José Descalzo of Latham & Watkins LLP acted as legal advisor to Repsol, S.A. (BME:REP). Manuel Echenique Sanjurjo of Uría Menéndez Abogados, S.L.P. acted as legal advisor and Greenhill & Co. acted as Financial advisor to Asterion Industrial Partners. Ernst & Young, S.L. acted as financial due diligence provider to Asterion energies.

Asterion Industrial Partners completed the acquisition of Asterion energies from Asterion Industrial Infra Fund I, FCR managed by Asterion Industrial Partners during the first quarter of 2023.