Tag Archives: Masdar to Acquire Saeta from Brookfield for $1.4 Billion

Masdar to Acquire Saeta from Brookfield for $1.4 Billion

  • As an established renewables platform equipped with end-to-end capabilities and strong growth opportunities, Saeta strengthens Masdar’s footprint in the Iberian Peninsula
  • Successful execution of Brookfield’s business plan resulted in significant value creation and growth of Saeta
  • The transaction would see Masdar acquire a portfolio of 745MW of predominantly wind assets, and a 1.6GW development pipeline in Spain and Portugal
  • Deal 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 2030
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