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RCS - Abu Dhabi Future Eng - Replacement: Terna Energy SA Acquisition

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RNS Number : 2031T  Abu Dhabi Future Energy Co. PJSC  20 June 2024

Masdar to Acquire Majority Shares in TERNA ENERGY SA in Greece

ABU DHABI, UAE & ATHENS, Greece - June 19, 2024 - Abu Dhabi Future Energy
Company PJSC - Masdar ("Masdar"), the UAE's clean energy leader, announced
today that it has reached a definitive agreement with GEK TERNA SA
(GEKTERNA.AT) and other shareholders to acquire a controlling stake in TERNA
ENERGY SA (TENERGY.AT), subject to regulatory approvals and other conditions
precedent.

 

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