Masdar to Acquire Saeta from Brookfield for $1.4 Billion

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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 

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