Zara founder Ortega enters renewable energy sector


Paris (AFP) Nov 11, 2021
Spanish billionaire Amancio Ortega, the founder of the Zara clothing brand, has entered the renewable energy sector with the purchase of a stake in a wind farm run by energy giant Repsol. Ortega’s investment holding Pontegadea will pay 245 million euros ($281 million) for a 49 percent stake in the Delta wind farm in the northern province of Zaragoza, Repsol said in a statement Thursday. This article was originally published by Read the original article here.

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