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In March 2024, Repsol, a global multi-energy company, acquired ConnectGen from Quantum Capital Group. The ConnectGen team, including senior management is now a part of Repsol.
Repsol’s acquisition of ConnectGen strengthens Repsol’s expansion into the renewable energy industry, reinforcing its international portfolio in support of its strategic target of 20,000 MW of installed capacity by 2030.