Zara founder Ortega enters renewable energy sector

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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 Solardaily.com. Read the original article here.

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