Masdar, the renewables energy giant of the United Arab Emirates (UAE), on Tuesday announced a planned acquisition of renewable power developer Saeta Yield from Brookfield in a deal valuing the target company at $1.4 billion.
Saeta, owned by Brookfield Renewable, develops, owns, and operates renewable power assets in the Iberian Peninsula.
The transaction consists of a portfolio of 745 megawatts (MW) of predominantly wind assets…
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