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Masdar to acquire 550-MW solar project in Greece
Original: Masdar to buy 550-MW solar project in Greece, eyes data centres
Masdar, the United Arab Emirates' renewable energy company, has agreed to buy a 550-megawatt solar project in Greece, adding to its growing European clean energy portfolio. The company also signalled interest in expanding into data centre power supply, a sector seeing surging electricity demand. The deal highlights continued Gulf investment in European renewables as Greece pushes to expand its solar capacity.
Why now: It combines a major clean energy acquisition with Masdar's stated interest in supplying power to fast-growing data centres.
Evidence
- Masdar to buy 550-MW solar project in Greece, eyes data centres · Renewables Now
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