Repsol plans to invest up to 10 bln eur in 2026-2028
(Il Sole 24 Ore Radiocor) - Milano, 10 mar - Repsol, the Spanish energy group, said that it plans to invest 8.5-10 billion euros in the 2026-2028 period, with 55% of the amount allocated to Spain and Portugal and 34% to the US.
It added that 30% of the total investments will be dedicated to low-carbon projects. Repsol expects to reach a low carbon generation capacity of up to 9,000 MW by 2028.
Repsol anticipates an operating cash flow of 6.5 billion euros by 2028, 20% more than in 2025.
It plans to return 30-40% of cash flow from operations over the period, including dividends and share buybacks. Repsol added that it will distribute 3.6 billion euros in cash dividend through to 2028.
The group anticipates a net production for 2028 of 580,000-600,000 barrels of oil equivalent per day, 40%.
stemming from the US.
(RADIOCOR) 10-03-26 11:42:37 (0308) 5 NNNN