Masdar Signs Deal to Acquire Major Solar Project in Greece

Abu Dhabi Future Energy Company, known as Masdar, has announced an agreement covering the acquisition and development of one of Greece’s largest solar energy projects.

The deal will expand Masdar’s involvement in Greece’s renewable energy sector while contributing to the country’s clean energy infrastructure.

Alongside the acquisition, the agreement includes further development of the solar project. The announcement did not specify its capacity, purchase price or development timetable.

The project is also intended to support Greece’s ambitions to establish itself as a leading digital hub in Europe, linking the expansion of clean energy infrastructure with the country’s broader development goals.

The agreement further reinforces the strategic partnership between the United Arab Emirates and Greece, with renewable energy providing a focus for bilateral cooperation.