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Masdar closed the acquisition of a 50% stake in a combined solar and battery storage project from EDF Renewables North America. Masdar and EDF Renewables North America agreed in 2020 to jointly partner on the 1.6 GW portfolio, which includes three utility-scale wind projects in Nebraska and Texas totalling 815 MW, and five solar projects in California totalling 689 MW, two of which include battery energy storage systems representing 75 MW. The operational projects are displacing over 3 million tons of emissions per year.

Masdar acquires 50% of U.S. solar project from EDF Renewables

Masdar closed the acquisition of a 50% stake in a combined solar and battery storage project from EDF Renewables North America. Masdar and EDF Renewables North America agreed in 2020 to jointly partner on the 1.6 GW portfolio, which includes three utility-scale wind projects in Nebraska and Texas totalling 815 MW, and five solar projects in California totalling 689 MW, two of which include battery energy storage systems representing 75 MW. The operational projects are displacing over 3 million tons of emissions per year.

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