News
29 November 2024

Masdar completes acquisition of TERNA ENERGY majority

Region:
Europe

Masdar has completed the acquisition of 70% of the outstanding shares of TERNA ENERGY from GEK TERNA Group and other shareholders.The deal valued TERNA ENERGY at an enterprise value of €3.2 billion ($3.37 billion). Following the closing of the transaction, Masdar will seek regulatory approvals...

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