据了解，Masdar旗下的可再生能源业务由阿布扎比国家能源公司(Abu Dhabi National Energy Co. PJSC)持有大约43%的股份，该公司今年早些时候曾经试图收购西班牙公用事业公司Naturgy Energy Group SA的控股权。阿布扎比主权财富基金ADIA和阿布扎比国家石油公司也拥有Masdar一部分股份。Masdar plans to hold a stake in 100GW of renewable energy projects.
It is reported by Zhixun Finance and Economics APP that UAE renewable energy developer Masdar has agreed to acquire Saeta Yield SA, a renewable energy peer headquartered in Spain, from the Canadian asset management giant Brookfield Asset Management (BAM.US). This is because the state-owned renewable energy company based in Abu Dhabi is pursuing ambitious goals for a comprehensive shift towards clean energy.
The UAE, which has long relied on oil resources, is rapidly expanding its renewable energy layout scale and accelerating its energy transformation pace. Masdar announced some investment projects with Spain's Iberdrola SA and Germany's RWE AG at the end of last year.
It is understood that about 43% of Masdar's renewable energy business, owned by Abu Dhabi National Energy Co. PJSC, has been under acquisition attempts earlier this year, including trying to acquire a controlling stake in Spanish utility company Naturgy Energy Group SA. Abu Dhabi's sovereign wealth fund ADIA and Abu Dhabi National Oil Company also hold a portion of Masdar's shares.
The overall enterprise value of Spain's renewable energy company Saeta is approximately 4.8 billion dirhams (about 1.3 billion US dollars), with Masdar investing up to 2.8 billion dirhams to acquire all shares. This marks the second clean energy sector deal in Spain by the UAE state-owned Masdar, following a previous agreement in July to purchase a minority stake in a solar power plant project from a subsidiary under Italy's national electricity company, Enel SpA.
By 2030, Masdar's goal is to invest in 100 gigawatts of renewable energy projects, most of which are either operational, under construction, or secured. Last year, Abu Dhabi National Energy Company stated that Masdar may spend around $50 billion on solar and wind energy projects to achieve this renewable energy target.
It is known that Saeta, the Spanish renewable energy company, has a portfolio including approximately 745 megawatts of onshore wind and solar assets, as well as around 1.6 gigawatts of projects under development in Spain and Portugal.
Since 2018, Canadian asset management giant Brookfield Asset Management has fully owned the Madrid-headquartered Saeta company after privatizing it. In early 2015, it was included in the list amid an investment frenzy in so-called 'yieldcos.' Yieldcos are essentially companies based on the development of renewable energy, with their factories generating stable dividend streams and relatively low investment demand.