Tuesday 15 January 2019

#AbuDhabi's Masdar to buy wind farm stakes from John Laing Group | Reuters

Abu Dhabi's Masdar to buy wind farm stakes from John Laing Group | Reuters:

Abu Dhabi Future Energy Company (Masdar) said on Tuesday it was acquiring John Laing Group’s stakes in two wind farms in the United States, its first North American renewable energy investment.

Masdar said it was buying stakes in the Rocksprings wind farm in Texas and the Sterling wind farm in New Mexico.

The deal is expected to close in the first half of 2019, Masdar said.

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