(Bloomberg) — Masdar agreed to buy Spanish renewables firm Saeta Yield SA from Brookfield Asset Management, as the Abu Dhabi-based company pursues ambitious clean-energy goals.
The United Arab Emirates is expanding rapidly into renewable energy, with Masdar announcing investment projects with Spain’s Iberdrola SA and Germany’s RWE AG at the end of last year. Masdar’s renewables business is 43% owned by Abu Dhabi National…
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