Aon’s M&A team in Spain and the UAE are delighted to have supported Masdar (Abu Dhabi Future Energy Company), a clean energy leader in the UAE, in their acquisition of a 49.99% stake in a 2.5GW renewables portfolio in Spain, partnering with Endesa. The portfolio Masdar plans to acquire consists of 48 operational solar plants of 2GW aggregated capacity. Endesa and Masdar aim to add 0.5GW of battery energy storage system (BESS) to the projects. The partnership reinforces Masdar’s reputation as a trusted global energy partner for governments, investors, developers, and communities. Learn more about the deal: https://aon.io/3YkOgNp Learn more about Aon’s M&A capabilities: : https://aon.io/48CebBN
Congratulations!
Area Manager at Marsh Zambia Limited
2moImpressive growth!