 During the construction of the tower, Repsol decided to change the location of its future headquarters, and the financial institution Caja Madrid (currently Bankia) purchased the building for €815 million in August 2007.In 2015 it was loaned to Cepsa for its main headquarters and hence the tower was renamed again as Torre Cepsa.Designed by Carlos Rubio Carvajal and Enrique Álvarez-Sala Walter and built by Sacyr Sau, the 52-storey skyscraper, formerly known as Torre Sacyr Vallehermoso, is tall.