Masdar to Acquire Saeta from Brookfield for $1.4 Billion
BNBrookfield Corporation(BN) GlobeNewswire News Room·2024-09-24 18:55

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 745 MW of predominantly wind assets, and a 1.6 GW development pipeline in Spain and PortugalDeal advances Masdar’s growth plans in the region, representing one of Spain and Port ...