Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

– The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions
– Masdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization for up to 0.5 GW
– Masdar has also signed an MoU with Endesa to explore an alliance aimed at jointly developing renewable energy projects in Spain
– One of Spain s biggest renewable energy transactions in re