Repsol boosts investment in transition technology
Spanish energy company unveils two investment funds aimed at accelerating development and application of new technologies
Spanish energy company Repsol has increased its backing of new technologies aimed at the transition to net zero with the launch of two investment funds. It has launched a €150mn ($151mn) venture capital investment fund with Spanish fund manager Suma Capital. The fund, called SC Net Zero Tech Ventures, will support companies that develop technologies aimed at decarbonisation and the circular economy to accelerate their application to an industrial sale. In addition, Repsol has committed to invest €50mn in early-stage technology startups via a rebranded venture capital vehicle called Repsol Deep Tech. €200mn – Combined size of two technology funds “These two funds, which complement eac

Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away