Repsol Nets $121M In Spanish Oil Plant Sale To BP
The deal for the Bahia de Bizkaia Electricidad power plant is expected to net Repsol €89 million in capital gains before taxes, according to the company.
The Bahia de Bizkaia plant was initially supposed to be sold to Royal Dutch Shell PLC as part of a larger liquefied natural gas deal.
“This asset, initially included in...
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