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Masdar Acquisition of Spanish Wind and Solar Assets

Sector: Oil and Gas • Location: Spain

Source: Recharge News

Project
Planned

Masdar is set to acquire a 49% stake in a portfolio of Spanish renewable assets from Repsol. The portfolio includes 706MW of installed capacity across 13 wind farms and six solar farms, with around 400MW related to onshore wind projects and the rest solar PV. The deal is valued at about €850 million and is in its final stages, likely to be finalized within weeks.

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The project “Masdar Acquisition of Spanish Wind and Solar Assets” is an infrastructure initiative in the Oil and Gas sector, located in Spain. Taiyo aggregates data on it from Recharge News.

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Description

Description

Masdar is set to acquire a 49% stake in a portfolio of Spanish renewable assets from Repsol. The portfolio includes 706MW of installed capacity across 13 wind farms and six solar farms, with around 400MW related to onshore wind projects and the rest solar PV. The deal is valued at about €850 million and is in its final stages, likely to be finalized within weeks.

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