Masdar, Acquire

Masdar to Acquire Saeta from Brookfield for $1.4 Billion

07.08.2025 - 18:08:53

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 

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Logo -  https://mma.prnewswire.com/media/2514011/MASDAR_Logo.jpg

 

Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, Chairman of Masdar and COP28 President, and Mark Carney, Chair and Head of Transition Investing at Brookfield, meet on the sidelines of the United Nations General Assembly, New York, to finalize Saeta deal.

 

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