UAE’s Masdar Acquires 70% Stake in Greece’s TERNA ENERGY for $3.3 Billion

Masdar plans to seek regulatory approval to acquire the remaining shares in TERNA

December 3, 2024

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Abu Dhabi Future Energy (Masdar) has completed the acquisition of a 70% majority stake in Greece’s TERNA ENERGY in a deal valued at €3.2 billion ($3.3 billion) to support its European expansion strategy.

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Baset Asaba

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UAE’s Masdar Acquires 70% Stake in Greece’s TERNA ENERGY for $3.3 Billion

Continue Reading with Premium Access

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Get the most relevant India solar and clean energy news.

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