Cepsa and Masdar have signed a Memorandum of Understanding (MOU) to explore renewable energy project collaboration, especially wind and solar. Cepsa and Masdar aim to expand their international presence in the renewable energy market through the signing of this agreement. The combination of Cepsa's technical excellence in operations and execution of industrial projects in places like Algeria and Latin America, coupled with Masdar's experience in renewable energies in the Middle East, the United Kingdom and other markets, will help drive the development of projects in strategic countries for both companies. Cepsa and Masdar plan to explore opportunities in the locations where they already operate or can easily access, such as Spain, the Middle East, North Africa, Latin America, Europe, and other regions.