Repsol board greenlights €800m 'Ecoplanta' project in Tarragona

Repsol's board of directors has approved the construction of an "Ecoplanta" in Tarragona, with an investment of €800 million, the company announced on Wednesday.

The Spanish multinational estimates that 2,800 jobs will be created during construction, with 340 positions once the plant in southern Catalonia is operational.

The "Ecoplanta" aims to transform household waste into renewable fuels and circular products, which are designed to be reused or repurposed in the circular economy.

According to the company, this is "a pioneering project in Europe" that seeks to "reduce CO2 emissions that stem from transport."

The plant will be able to process up to 400,000 tonnes of solid non-recyclable waste annually, converting it into 240,000 tonnes of renewable fuels and circular products.

The plant is expected to be operational by 2029.