Masdar closes acquisition of 50% stake in Terra-Gen ...United Arab Emirates

Abu Dhabi Future Energy Company (Masdar) has announced the closing of its acquisition of a 50% stake in Terra-Gen Power Holdings II from Energy Capital Partners (ECP). The company is said to be one of the largest independent renewable energy producers in the United States. ECP, a private investor in power and renewable assets in the United States, has fully exited its position in Terra-Gen in connection with the closing of the transaction. Igneo Infrastructure Partners (Igneo), a global infrastructure investment manager, retains its existing 50% stake in Terra-Gen, said a statement from Masdar. Before the Terra-Gen acquisition, its US portfolio of utility scale wind, solar and storage assets

Hence then, the article about masdar closes acquisition of 50 stake in terra gen was published today ( Wednesday 02/10/2024 - 07:09 AM ) and is available on ME CONSTRUCTION NEWS ( United Arab Emirates ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Masdar closes acquisition of 50% stake in Terra-Gen )

Also on site :

• Moment genius forklift driver removes SUV from gates with 'no parking' sign so delivery lorry can get through
• Hodeidah Economy Office Discusses Oversight Plan
• Swiss mayor admits inferno bar had not been inspected for FIVE YEARS and issues grovelling apology - as venue's 'secret entrance' is revealed