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Masdar to Acquire Saeta from Brookfield
Masdar to acquire Saeta Yield from Brookfield Renewable for $1.4bn
United Arab Emirates-based clean energy company Masdar will acquire Saeta Yield from Brookfield Renewable for $1.4bn (€1.2bn).
Masdar to Acquire Saeta from Brookfield for $1.4 Billion
Abu Dhabi Future Energy Company PJSC - Masdar ("Masdar"), the UAE's clean energy powerhouse, today announced the proposed acquisition of Saeta Yield ("Saeta") from Brookfield Renewable (NYSE: BEP), (BEPC;
Masdar to acquire Spanish renewable developer Saeta in $696m deal
Abu Dhabi clean energy company Masdar has signed definitive agreements with Brookfield Renewable and its institutional partners to fully acquire Spanish renewable energy company Saeta Yield. Masdar is investing Dh2.
Masdar to acquire Saeta from Brookfield for $1.4bln
As an established renewables platform equipped with end-to-end capabilities and strong growth opportunities, Saeta strengthens Masdar’s footprint in the Iberian Peninsula
Masdar to Buy Spain’s Saeta as UAE Pursues Renewables Target
Masdar agreed to buy Spanish renewables firm Saeta Yield SA from Brookfield Asset Management, as the Abu Dhabi-based company pursues ambitious clean-energy goals.Most Read from BloombergUnlocking the Hidden Power of Zoning,
UAE's Masdar buys Brookfield's Saeta Yield in $1.4 billion deal
United Arab Emirates' renewable energy company Masdar said on Tuesday it has reached an agreement to buy green energy firm Saeta Yield from Canada's Brookfield's in a deal valuing the company at $1.4 billion.
Masdar to acquire Saeta from Brookfield for $1.4bn
Masdar, the UAE’s clean energy powerhouse, has announced the proposed acquisition of Saeta Yield from Brookfield Renewable, together with its institutional partners, for an implied enterprise value of c. $1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.
Abu Dhabi’s Masdar agrees second Spanish renewables deal this year
Masdar will invest Dh2.88bn ($780mn) to acquire Saeta from Brookfield’s renewables unit. The Abu Dhabi group is chasing an ambitious target, set in 2022, of owning at least 100 gigawatts of renewable energy capacity by 2030 With six years to go,
Masdar Expands Iberian Presence With $1.4 Bln Deal to Buy Brookfield Renewable's Wind Unit
Masdar has agreed to buy Brookfield Renewable's Madrid-based wind-power company Saeta Yield in a transaction valuing it at around $1.4 billion, making it one of the largest renewable-energy deals in Spain.
Masdar Agrees to Buy Spanish Renewables Firm From Brookfield
Masdar agreed to buy Spanish renewable energy firm Saeta Yield SA from Brookfield Asset Management in a deal with an enterprise value of 4.8 billion dirhams ($1.3 billion).
Brookfield sells Saeta renewable power business to Masdar for US$1.4B
Brookfield Renewable and its institutional partners have signed an agreement to sell its Saeta Yield renewable energy business in Europe to the UAE's Masdar in a deal valued at US$1.4 billion.
Energy Central
1h
TAQA announces $1.4bn acquisition deal for Masdar
Abu Dhabi Future Energy Company (Masdar), in which Abu Dhabi National Energy Company (TAQA) holds a 43% shareholding, plans ...
10h
Linklaters and Uría Behind Masdar’s $1.4B Acquisition of Saeta Yield
Uría Menéndez’s team behind Brookfield, which has owned Saeta Yield since 2018, includes Madrid-based M&A and private equity ...
Trade Arabia
1d
Masdar to acquire Spanish green energy firm Saeta for $1.4bn
Masdar, the UAE’s clean energy powerhouse, has announced the proposed acquisition of Saeta Yield from Brookfield Renewable, ...
Winnipeg Free Press
19h
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TORONTO – Brookfield Renewable and its institutional partners have signed an agreement to sell its Saeta Yield renewable ...
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