--Repsol has hired investment bank JPMorgan Chase & Co. to spin off its renewables unit, El Confidencial reports.

--The Spanish energy company is considering selling or listing the division on the stock market as soon as June, and the unit could be valued at up to 4 billion euros ($4.82 billion), according to the newspaper.

--Repsol declined to comment when contacted by Dow Jones.

Full story: https://bit.ly/3jfpVBT

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(END) Dow Jones Newswires

February 03, 2021 10:11 ET (15:11 GMT)

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