Repsol to form joint venture with Basque Energy Board
Fri. October 30, 2009; Posted: 02:52 PM
Oct 30, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
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PowerRating -- Repsol YPF, S.A., a integrated oil and gas company, has agreed to set up 50:50 joint venture with The Basque Energy Board (EVE) for battery recharging for electric vehicles. EVE is an agent of energy policy in the Basque country. Both the parters are based in Spain.
The proposed joint venture will start in 2011 and will use Spanish technology. The two companies will start investing in the project after completion of the study of the project, within three months.
Deal Type Partnership
Sub-Category Joint Venture
Deal Status Announced: 2009-10-29
Deal Participants
Partner 1 (Company) The Basque Energy Board
Partner 2 (Company) Repsol YPF, S.A.
For full details on Repsol Ypf Sa (REP)
click here. Repsol Ypf Sa (REP) has Short Term PowerRatings of 5. Details on Repsol Ypf Sa (REP) Short Term PowerRatings is available at
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