Masdar to Acquire Saeta from Brookfield for $1.4 Billion

Masdar France Germany Spain United Kingdom United States of America Bahrain Iran Iraq Jordan Kuwait Lebanon Oman Palestine Qatar Saudi Arabia Syria Yemen Algeria Egypt Libya Morocco Sudan Tunisia Western Sahara Wisconsin United Arab Emirates

As an established renewables platform equipped with end-to-end capabilities and strong growth opportunities, Saeta strengthens Masdar's footprint in the Iberian PeninsulaSuccessful execution of Brookfield's business plan resulted in significant value creation and growth of SaetaThe transaction would see Masdar acquire a portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and PortugalDeal advances Masdar's growth plans in the region, representing one of Spain and Portugal's largest renewable energy transactions, as the company targets global capacity of 100GW by 2030and connect: facebook.com/masdar.ae and twitter.com/masdar 

Photo -  https://mma.prnewswire.com/media/2513892/Masdar_Saeta_Deal.jpg
Photo -  https://mma.prnewswire.com/media/2513893/Masdar_Saeta_Deal_2.jpg
Logo -  https://mma.prnewswire.com/media/2514011/MASDAR_Logo.jpg

 

 

 

 

View original content:https://www.prnewswire.co.uk/news-releases/masdar-to-acquire-saeta-from-brookfield-for-1-4-billion-302256984.html