Energy Markets
Sources: Masdar is considering buying a stake in TotalEnergies Portugal renewables
Three people familiar with the matter said that Masdar, an Abu Dhabi renewable energy firm, is looking to acquire a stake in TotalEnergies’ Portuguese renewables assets. One source said that any deal would be likely done through Saeta Yield. This is the green energy company Masdar purchased last year from Canada’s Brookfield. Could not determine the size of the stake Masdar was interested in. Masdar's spokesperson stated that "While we don't comment on market speculations, we continue exploring opportunities in the area as we expand toward our global goal of 100 gigawatts before 2030." TotalEnergies has declined to comment. Masdar...