Announces Goal to Supercharge Growth in Greece and Eastern Europe

• Masdar has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY to become majority shareholder of the Greek clean energy champion
• Following the closing of the transaction, Masdar will seek regulatory approvals for launch of an all-cash mandatory tender offer to acquire all the remaining shares
• Masdar will bring long-term capital and global expertise to supercharge TERNA ENERGY’s growth plans as it targets 6GW of renewable energy operational capacity by 2029, supporting the energy transition in Greece and Eastern Europe
• The acquisition will play an important role in growing Masdar’s portfolio in Europe as it targets 100GW global capacity by 2030