Hyperion Renewables and Repsol Sign 140 GWh/Year Hybrid PPA

Lisbon – June 22, 2026 – Hyperion Renewables and Repsol have signed a renewable energy purchase and sale agreement that combines solar and wind power in a hybrid PPA. The contract reinforces both companies’ commitment to long-term energy solutions capable of supporting the decarbonization of economic activity and accelerating the energy transition.

The energy will be generated from two complementary projects in the Évora district: a solar photovoltaic plant in Estremoz and a wind farm in the municipality of Sousel. The combination of these two technologies contributes to greater stability in the supply of electricity from renewable energy sources.

Supply will begin in 2028 and continue for 10 years. In total, the two assets are expected to deliver approximately 140,000 MWh of renewable energy per year to Repsol, preventing the annual emission of more than 23,000 metric tons of CO₂. To put this in perspective, this volume corresponds to the annual electricity consumption of approximately 40,000 households.

Aytea Alvarez Amandi, CEO of Hyperion Renewables, states: “This agreement marks an important milestone for Hyperion Renewables and for our country. By structuring a PPA that combines solar and wind power generation, we are taking a concrete step toward creating renewable solutions that are more efficient, predictable, and aligned with companies’ decarbonization needs. As Europe accelerates its carbon neutrality goals, we believe that hybrid projects will play an increasingly important role in the energy transition, thanks to their ability to optimize resources, enhance the complementarity of generation, and offer greater stability to consumers.”

With this agreement, Hyperion Renewables reinforces its contribution to the diversification of renewable energy production in Portugal and to the development of innovative contractual models that bring producers and consumers closer together within a framework of competitive, long-term renewable energy.

About Hyperion Renewables – hyperionrenewables.com

Hyperion was founded in 2006 and has been one of the leading greenfield solar developers in the Iberian Peninsula, with an innovative and growth-focused approach. With two decades of experience and more than 770 MW of renewable energy projects developed, Hyperion is an Independent Power Producer (IPP) dedicated to the development, financing, construction, and operation of renewable energy projects, with more than 300 MW of assets in operation or currently under construction.

With an unparalleled greenfield track record across various solar technologies in the Iberian Peninsula, Hyperion is currently developing projects using new technologies, such as hybrid systems with wind power, energy storage, and renewable gases. Leveraging its strong DNA of innovation and growth, Hyperion has diversified its operations into new regions in Central and Eastern Europe, with a growing presence in Romania, among other markets.

The company is led by CEO Aytea Alvarez Amandi and Executive Chairman Pedro Rezende, supported by a team of 60 professionals.

For more information, please contact:
Hyperion Renewables
Beatriz Serrano Rodrigues | bsr@ampassociates.pt | +351 964 124 051
Catarina Travassos | ct@ampassociates.pt | +351 919 155 913