Report
Ahmed Ben Salem

Repsol : Feedback from Low Carbon Day: renewables target revised upwards, along with carbon ambitions and capex

>Renewables ambitions revised upwards, along with capex and carbon ambitions - Repsol's Low Carbon Day, held on 5 October, presented its new strategy and its plans to step up emissions cuts. The group has raised its renewables target, from 1.7 GW in 2021 to 6 GW in 2025 (vs 5.2 GW anticipated initially) and to 20 GW in 2030 (vs 12.7 GW initially) with a more extensive pipeline of 48.9 GW, offering good visibility, particularly since the acquisition of 40% of the US-ba...
Underlying
Repsol SA

Repsol is an oil and gas company. Co. is engaged in all the activities relating to the oil and gas industry, including exploration, development and production of crude oil and natural gas, transportation of oil products, liquefied petroleum gas (LPG) and natural gas, refining, the production of a wide range of oil products and the retailing of oil products, oil derivatives, petrochemicals, LPG and natural gas, as well as the generation, transportation, distribution and supply of electricity. Co. operates in more than 40 countries. Co.'s operations are divided into four segments: Upstream, Downstream, LNG and Gas Natural Fenosa.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ahmed Ben Salem

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