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Endesa sells almost 50% of its solar business in Spain to the Emirati company Masdar for 817 million euros.

Summary by Abc
Endesa has sold 49.99% of the share capital of Enel Green Power España Solar 1 (EGPE Solar) — a solar energy business in the country with a total installed capacity of 2 gigawatts (GW) — to the renewable energy group of the Emirate of Abu Dhabi Masdar for 817 million euros, the company said in a statement sent to the National Securities Market Commission (CNMV). “The agreed price for the purchase by Masdar of 49.99% of the shareholding in EGPE S…

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www.larazon.eswww.larazon.es

Endesa sells 49.99% of its photovoltaic portfolio to the Emirati fund Masdar for 817 million

Endesa has signed an agreement with the Abu Dhabi renewable energy company Masdar to sell 49.99% of the company in which it has grouped all its photovoltaic installations in operation, totaling 2 gigawatts (GW), for 817 million euros. As reported this Thursday in a relevant event to the National Securities Market Commission (CNMV), Enel Green Power España (EGPE) Solar 1, recently created, is the owner of all the solar photovoltaic installations …

·Spain
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OKDIARIOOKDIARIO

Endesa sells 49.99% of its solar business in Spain to Masdar for 817 million

Endesa has closed the sale to the Emirati company Masdar of 49.99% of a portfolio of 2 GW solar assets for 817 million euros, as reported to the National Securities Market Commission (CNMV) this Thursday. Masdar has finally won the Apollo fund, the other finalist in this Endesa process that Banco Santander and Intesa San Paolo have piloted as advisors. Endesa expects to close the transaction in the fourth quarter of 2024. In addition to the sale…

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La VanguardiaLa Vanguardia

Endesa sells 49% of its solar business in Spain to Abu Dhabi for 817 million

Endesa has sold a 49.99% stake in its solar energy business, recently grouped around the Spanish company Enel Green Power Solar, to the Emirati firm Masdar, which is owned by the energy group Taqa, the same group that has been unsuccessfully negotiating the purchase of a significant stake in Naturgy.

·Granada, Spain
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abcabc

Endesa sells almost 50% of its solar business in Spain to the Emirati company Masdar for 817 million euros.

Endesa has sold 49.99% of the share capital of Enel Green Power España Solar 1 (EGPE Solar) — a solar energy business in the country with a total installed capacity of 2 gigawatts (GW) — to the renewable energy group of the Emirate of Abu Dhabi Masdar for 817 million euros, the company said in a statement sent to the National Securities Market Commission (CNMV). “The agreed price for the purchase by Masdar of 49.99% of the shareholding in EGPE S…

·Spain
Read Full Article
VozpópuliVozpópuli

Endesa sells 49.99% of its solar business in Spain to Emirati Masdar for 817 million euros

Endesa has sold the 49.99% of the share capital of Enel Green Power España Solar 1 (EGPE Solar) - its solar energy business in Spain, with a total installed capacity of 2 gigawatts (GW) - to the renewables division of Abu Dhabi Emirate Masdar for €817 million, according to the company's statement sent to the National Securities Market Commission (CNMV). "The agreed price for Masdar's purchase of the 49.99% share in EGPE Solar is €817 million, su…

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El MundoEl Mundo

Endesa vende a Abu Dabi el 49% de sus plantas fotovoltaicas en España por 817 millones

Endesa has agreed to sell a 49.99% stake in its Spanish solar plants for 817 million euros to Masdar, a subsidiary of the Abu Dhabi state energy company, which...

·Madrid, Spain
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