Day: September 24, 2024

HM King issues Decree (83) of 2024

Manama, His Majesty King Hamad bin Isa Al Khalifa issued Decree (83) of 2024, appointing the Secretary-General of the Council of Representatives, based on a proposal by the Deputy Prime Minister and following the approval of the Cabinet.

Article I:
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Masdar to acquire ‘Saeta’ from Brookfield for $1.4 billion

Abu Dhabi, Abu Dhabi Future Energy Company (Masdar) announced the proposed acquisition of Saeta Yield from Brookfield Renewable, together with its institutional partners (Brookfield), for an implied enterprise value of c. US$1.4 billion (pound 1.2 bi…