Energy
Clean-Energy Firm Masdar Nears Deal to Buy Brookfield’s Saeta Yield
- Saeta Yield could be valued at €1.5 billion in a transaction
- Accord would follow Masdar’s July clean-energy deal in Spain
Clean-energy companies have been drawing investor interest across several European markets in recent months.
Photographer: Angel Garcia/BloombergThis article is for subscribers only.
Masdar is nearing an acquisition of Spanish renewable energy firm Saeta Yield SA from Brookfield Asset Management, people familiar with the matter said.
The Abu Dhabi clean-energy firm is putting the final touches on a deal that could be announced this month, the people said, asking not to be named as discussions are private.