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.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRARAMRTMTJTBLI
Abu Dhbi Fut.33 (LSE:FR49)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Abu Dhbi Fut.33 Charts.
Abu Dhbi Fut.33 (LSE:FR49)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Abu Dhbi Fut.33 Charts.