Repsol’s Electric Mobility Initiative, Selected as a Climate Project

The company will install 300 recharging terminals for electric vehicles in Spain

-Repsol is developing a project to install recharging terminals for electric vehicles throughout Spain through its investee company IBIL.

-The 300 charging points envisaged for the first phase will provide service for around 150 vehicles.

-The Ministry will buy the greenhouse gas emission reductions generated.

Repsol will install 300 recharging terminals for electric vehicles in Spain through its investee company IBIL This initiative has been chosen as a “Climate Project” by the Ministry of Agriculture, Food and Environment, which seeks to promote reductions in greenhouse gas emissions throughout Spain.

With this project, and in line with its commitment to sustainability, Repsol is contributing to the fight against climate change in our country, promoting a new energy vector for transport without emissions.

The first phase, undertaken throughout this year, consists of installing 300 recharging points for public and private electricity, with a capacity to serve some 150 vehicles. The operator for these terminals will be IBIL, the company in which Repsol and EVE (the Basque Energy Entity) both have a 50% stake, and which has comprehensive charging services for electric vehicles already operating in the Basque Country and the rest of Spain.

Repsol will act as the project manager and coordinator, organising the follow-up and monitoring system for the data required to calculate the emission reductions. The Ministry will buy the greenhouse gas emission reductions generated by these initiatives.

With this initiative, Repsol once again demonstrates its commitment to the development of new energy sources and technologies, contributing to a more diversified energy future.