{"id":449609,"date":"2021-11-12T09:58:25","date_gmt":"2021-11-12T04:28:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=449609"},"modified":"2021-11-12T10:24:49","modified_gmt":"2021-11-12T04:54:49","slug":"zara-founder-ortega-enters-renewable-energy-sector","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/zara-founder-ortega-enters-renewable-energy-sector\/","title":{"rendered":"Zara founder Ortega enters renewable energy sector"},"content":{"rendered":"<p>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.<\/p>\n<p>Ortega&#8217;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.<\/p>\n<p>Opened in March, the wind farm will produce 992 gigawatt hours (GWh) of 100 percent renewable energy a year, the equivalent to the average annual consumption of 300,000 households, the Spanish firm added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;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. Opened in March, the wind farm will produce 992 gigawatt hours (GWh) of 100 percent renewable energy a year, the equivalent to the average annual consumption of 300,000 households, the Spanish firm added.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-449609","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=449609"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/449609\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=449609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=449609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=449609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}