Masdar Acquires 234MW Solar Project in Valencia

Deal News | Mar 27, 2025 | Zawya

Abu Dhabi's state-owned renewable power company, Masdar, has acquired Valle Solar, one of the largest photovoltaic solar projects in Spain's Valencia region. The project comprises a 234 MW solar plant along with a potential 259 MW battery storage system, set to be operational by the first half of 2027. This acquisition falls under Masdar's wholly owned subsidiary, Saeta, previously acquired from Brookfield in a $1.4 billion deal. There was no disclosure of the price Masdar paid for Valle Solar. Furthermore, Masdar is contemplating an IPO in Abu Dhabi to fund future renewable projects.

Sectors

Renewable Energy
Energy Storage
Investment

Geography

Spain – The location of the Valle Solar photovoltaic solar project is in Spain's Valencia region.
United Arab Emirates – Masdar, the acquiring company, is based in Abu Dhabi, UAE.
Canada – Saeta, Masdar's subsidiary involved in the acquisition, was previously owned by Brookfield, a Canadian company.

Industry

Renewable Energy – The article focuses on the acquisition of a large photovoltaic solar project, highlighting Masdar's role in the renewable energy sector.
Energy Storage – The planned integration of a 259 MW battery energy storage system is a significant aspect of the project, indicating its relevance to the energy storage industry.
Investment – Masdar's consideration of an initial public offering to fund future projects falls under the investment sector.

Financials

$1.4 billion – The amount Masdar paid to acquire Saeta from Brookfield.

Participants

Name	Role	Type	Description
Masdar	Acquirer	Company	A state-owned renewable power company based in Abu Dhabi, UAE.
Valle Solar	Target	Company	One of the largest photovoltaic solar projects in Spain's Valencia region.
Saeta	Acquirer Subsidiary	Company	A wholly owned subsidiary of Masdar, previously acquired from Brookfield.
Brookfield	Seller	Company	A Canadian investment firm that sold Saeta to Masdar in a $1.4 billion deal.