Masdar Announces €3.2bn Acquisition of Greece’s TERNA ENERGY
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Masdar Announces €3.2bn Acquisition of Greece’s TERNA ENERGY

June 21, 2024 – Abu Dhabi Future Energy Company PJSC – Masdar has reached a definitive agreement to acquire a majority stake in Greece’s TERNA ENERGY SA. This transaction, valued at €3.2 billion, is the largest ever energy deal on the Athens Stock Exchange and one of the most significant in the EU renewables sector….

Saudi Arabia Sets Record-Low Prices for Wind Power Projects
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Saudi Arabia Sets Record-Low Prices for Wind Power Projects

Saudi Arabia has signed two groundbreaking agreements to purchase electricity from wind farms at record-low prices, furthering its renewable energy ambitions. The Saudi Power Procurement Company (SPPC) and a consortium led by Japan’s Marubeni Corporation concluded these deals during the Saudi-Japan Vision 2030 Business Forum in Japan. Key Projects Wa’ad Alshamal Wind Farm: AlGhat Wind…