Exus Renewables to acquire 60% stake in Masdar's Portuguese wind farm portfolio

Exus Renewables will acquire a 60% stake in the portfolio, while Masdar will retain a 40% stake. The portfolio is undergoing a repowering initiative to increase capacity from 144MW to 164MW, with completion expected by 2027. There are also plans for hybridization, adding 110MW of solar, to be co-developed by Masdar and Exus. Once fully operational, the repowered sites will generate clean, sustainable electricity for more than 200,000 households, avoiding approximately 41.7 kilotons of CO₂ emissions every year. Quotes: "Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJC – Masdar to acquire a 60% stake in a portfolio of nine wind farms in Portugal. Masdar will retain a 40% stake in the portfolio." "The operational capacity of the portfolio, located in Guarda and Castelo Branco, is currently being increased in one of Portugal’s first large-scale repowering initiatives, taking overall capacity from 144MW to 164MW. The projects have entered the final development phase of repowering, with completion expected by 2027." "Once fully operational, the repowered sites will generate clean, sustainable electricity for more than 200,000 households , avoiding approximately 41.7 kilotons of CO₂ emissions every year ." "The repowering initiative includes plans for hybridization, adding 110MW of solar , to be codeveloped by Masdar and Exus"