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Masdar to Acquire 50% Stake in EDF’s 1.6 GW of Renewable Projects

The transaction includes acquisition of 689 MW of solar projects

August 17, 2020

/ Harsh Shukla
/ Finance and M&A, Other,
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Masdar (or the Abu Dhabi Future Energy Company) announced that it has signed an agreement with EDF Renewables North America to acquire a 50% stake in eight renewable energy projects with a total capacity of 1.6 GW to expand its renewable energy portfolio in the United States.

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Harsh Shukla

More articles from Harsh Shukla.
AcquisitionagreementClean energyEDF RenewablesEnergy StorageMasdarSolarUSAwind
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