Furthermore, the project is expected to be operational in the first half of 2027. This agreement was inked between Saeta Yield, Genia Solar, and Solar Ventures and represents a significant step towards decarbonisation of the local economy. Watson Farley & Williams, G-advisory, EY and Finergreen acted as advisors for Solar Ventures. Broseta, Solida and Pérez-Llorca served as the advisors for Genia Solar Energy, and Saeta Yield.
Earlier in March 2025, Masdar inked an agreement to acquire 49.99 percent stake in four solar plants owned by Endesa in Spain. These solar assets have a total capacity of 446 MW. Masdar has invested €184 million for the stake in the assets, which have an enterprise value of €368 million.
