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Masdar Acquires Saeta Renewables Platform and Partners with Endesa for a Portfolio of Operating and Development Wind and Solar Projects with a Total Capacity of over 4GW in Spain and Portugal

/Abu Dhabi, U.A.E, December 23, 2024, 11:30 GMT, Masdar, RENEWABLE MARKET WATCHTM/ Masdar, the UAE's leader in clean energy, has significantly expanded its European portfolio by completing two major acquisitions in Spain and Portugal to underpin its ambitious growth plans further. Masdar acquired Saeta Yield ("Saeta") from Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners ("Brookfield"), for an enterprise value of €1.2 billion and an equity value of €696 million.
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Lightsource bp and Portuguese Gas Utility Dourogas Formed a Green Hydrogen Joint Venture to Invest in Solar and Hydrogen Infrastructure in Portugal

/LISBON, December 20, 2021, Lightsource bp/ Global solar developer Lightsource bp and Portuguese gas utility Dourogás have agreed a unique green hydrogen joint venture to invest in solar and hydrogen infrastructure in Portugal. The partnership will explore the potential of eight green hydrogen sites. As much as 200MWp of solar projects developed by Lightsource bp will power 130MW electrolysers, developed by Dourogás, that will convert water to green hydrogen and oxygen. 
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