masdar

Masdar completes acquisition of Greece’s Terna Energy

November 29, 2024

Masdar acquired 70% of Terna Energy’s outstanding shares at €20 per share, valuing the company at an enterprise value of €3.2 billion.

Masdar signs deals for over 6GW of new Egyptian solar capacity, plus 4GW of manufacturing capacity

November 21, 2024

Masdar plans to develop including over 6GW of new solar capacity and 4GW of new solar manufacturing capacity in Egypt.

Saudi Arabia awards 2GW Al Sadawi solar project to Masdar consortium

November 20, 2024

Saudi Arabia has awarded the 2GW Al Sadawi solar project to a consortium led by Masdar, and signed a PPA to acquire power from the project.

Masdar, SOCAR secure EBRD financing on 760MW solar PV in Azerbaijan

November 18, 2024

The financing covers two solar PV plants, which include the 445MW Bilasuvar PV plant and the 315MW Neftchala solar project.

Masdar, KESH to build gigawatt-scale renewable power portfolio in Albania

November 13, 2024

Masdar and the Albania Power Corporation (KESH) have announced plans to build a “gigawatt-scale” renewable power portfolio in Albania.

Saudi Arabia confirms bidders for 3.6GW solar tender

October 23, 2024

The fifth round of the National Renewable Energy Programme (NREP) sought proposals for 3.6GW of solar PV capacity across four projects.

Masdar closes acquisition of US IPP Terra-Gen

October 2, 2024

The deal was first announced in March when Masdar said it would buy the 50% stake in Terra-Gen previously owned by Energy Capital Partners.

EDF Renewables, KOWEPO and Masdar reach financial close for 1.5GW Al Ajban solar plant

September 17, 2024

EDF Renewables, the Korea Western Power Company (KOWEPO) and Masdar have reached financial close for the 1.5GW Al Ajban solar project.

Endesa sells 49.99% stake in Spanish solar PV assets to Masdar

July 26, 2024

Masdar would acquire a minority stake in Enel Green Power Spain Solar which owns an operational solar PV portfolio of 2GW in Spain.

Masdar-owned Infinity Power to develop 1GW of renewables in Sierra Leone

July 23, 2024

African renewable energy company Infinity Power has reportedly signed a memorandum of understanding (MOU) with the government of Sierra Leone to develop 1GW of renewable energy projects in the country.

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