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Masdar to acquire 50% of US renewables firm Terra-Gen Power
The stake was purchased from Energy Capital Partners and will be finalized by the end of the year
Norway auctions 1.5 GW wind farm
The bidders for the farm include Equinor, RWE, and Shell.
UAE’s MOEI partners with Lootah on biofuels development + Oman gears up for a mega wind tender
Lootah + MOEI will partner on research and development for biofuels
Masdar is reportedly eyeing a major acquisition of Indian renewables firm Ayana
The stake is expected to be valued at USD 1 bn
TODAY: More funding for Egypt’s green transition + Masdar is reportedly eyeing an Indian acquisition
What we’re tracking this morning regionally and around the world
The offshore wind sector is growing but ships are struggling to keep up
Demand is projected to continue rising while ships are expensive and time-consuming
The EU lends a boost for Egypt’s green transition and renewables exports
Climate-related projects are expected to bring in up to EUR 5 bn of Egypt-bound investment from Europe
Masdar secures EUR 488 mn financing package for Baltic Eagle acquisition
The EUR 488 mn ticket is Masdar’s largest EUR-denominated financing
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