Abu Dhabi Future Energy Co. PJSC Replacement: Masdar-Endesa Spain 2.5GW Acquisition
2024年7月26日 - 3:00PM
RNS Non-Regulatory
RNS Number : 9211X
Abu Dhabi Future Energy Co. PJSC
25 July 2024
Masdar signs a partnership agreement with Endesa for
2.5GW renewable energy assets in
Spain
ABU DHABI, UAE & MADRID, SPAIN - July 25,
2024 - Abu Dhabi Future Energy Company PJSC - Masdar ("Masdar"),
the UAE's clean energy leader, announced today that it has reached
an agreement with the Spanish listed company Endesa S.A.
("Endesa"), for Masdar to acquire a 49.9% stake of all of
Endesa's
operational photovoltaic (PV) assets
in Spain, subject to regulatory approvals and other conditions.
Specifically, this portfolio comprises 48 solar PV facilities with
an overall installed capacity of around 2 GW with a potential BESS
hybridization for up to 0.5 GW.
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