Masdar finalizes 50% acquisition of US renewables firm Terra-Gen
Masdar signed the equity acquisition agreement back in March
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Masdar signed the equity acquisition agreement back in March
The purchase agreement was first signed in August
The transaction will close by the end of 2024.
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This will boost Ma’aden’s holding in Alba to 20.6%.
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The transaction is set to be completed in 1H 2025
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