https://sputnikglobe.com/20240925/uaes-masdar-says-will-acquire-renewable-energy-producer-saeta-for-14bln-1120281748.html
UAE’s Masdar Says Will Purchase Renewable Vitality Producer Saeta for $1.4Bln
UAE’s Masdar Says Will Purchase Renewable Vitality Producer Saeta for $1.4Bln
Sputnik Worldwide
Abu Dhabi-based firm specializing in clear power sources Masdar introduced a deal to accumulate wind and photo voltaic power producer Saeta from Canada’s Brookfield Renewable for $1.4 billion.
2024-09-25T11:21+0000
2024-09-25T11:21+0000
2024-09-25T11:21+0000
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“Abu Dhabi Future Vitality Firm PJSC – Masdar (“Masdar”), the UAE’s clear power powerhouse, at present introduced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), along with its institutional companions (“Brookfield”), for an implied enterprise worth of c. US $1.4 billion,” the corporate mentioned in a press release on Tuesday, including that the deal is predicted to shut in late 2024. The deal contains Saeta’s wind and solar energy crops in Spain and Portugal with a complete capability of 745 megawatts, in addition to 1.6 gigawatts of deliberate capability in new tasks, the assertion added.
https://sputnikglobe.com/20240621/sco-energy-chiefs-agree-cooperation-strategy-until-2030-1119050417.html
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uae’s masdar firm, masdar acquires saeta, saeta acquisition, clear power corporations in uae, renewable power corporations in uae, renewable power corporations within the center east
MOSCOW (Sputnik) – Abu Dhabi-based firm specializing in clear power sources Masdar introduced a deal to accumulate wind and photo voltaic power producer Saeta from Canada’s Brookfield Renewable for $1.4 billion.
