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Masdar acquires 50% stake in US renewable energy firm Terra-Gen, enhancing its global portfolio towards 100GW by 2030.
Abu Dhabi's Masdar, a clean energy powerhouse, is acquiring a 50% stake in US renewable energy firm Terra-Gen, bolstering its presence in the US market.
The transaction represents a significant milestone towards Masdar's goal of building a global renewable energy portfolio of at least 100 gigawatts by 2030.
Terra-Gen operates 32 renewable power sites in the US, with a focus on California and Texas, and has about 2.4 gigawatts of wind and solar energy and 5.1 gigawatt-hours of energy storage.
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Masdar adquiere una participación del 50% en la empresa estadounidense de energía renovable Terra-Gen, mejorando su cartera global hacia 100 GW para 2030.