Brief: TAQA Says Masdar Completes Acquisition Of Outstanding Shares In Terna Energy SA

Terna Energy SA

10/04/2025 05:33

April 10 (Reuters) - ABU DHABI NATIONAL ENERGY COMPANY PJSC TAQA.AD:

MASDAR COMPLETES ACQUISITION OF OUTSTANDING SHARES IN TERNA ENERGY SA

DEAL, AGREED AT A PRICE OF 20 EUROS PER SHARE (C. AED 78 PER SHARE), VALUED TERNA ENERGY SA AT AN ENTERPRISE VALUE OF 3.2 BILLION EUROS (C.AED 12.40 BILLION)

TRANSACTION FOR THE REMAINING 30% OF TERNA ENERGY SA’S SHARES FOLLOWS MASDAR’S INITIAL ACQUISITION OF 70% OF OUTSTANDING SHARES OF TERNA ENERGY SA, IN NOVEMBER OF 2024

Source text: ID:nADXmChTr

Further company coverage: TAQA.AD

 ((Reuters.Briefs@thomsonreuters.com;))