Global Infrastructure SherpaMasdar acquires John Laing Group plc's interest in a 149MW wind farm in the United States
149 MW
Capacity
In 2019, Masdar acquired John Laing Group plc’s interest in a 149MW wind farm in the United States. This transaction marked Masdar's initial investment in renewable energy projects within North America, expanding its global portfolio.
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Counterparts (2)
Seller
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Masdar, the UAE's clean energy pioneer, entered the North American market in 2019, acquiring John Laing Group plc's interest in a 149MW onshore wind farm. This transaction brought Masdar's global portfolio, focused on positioning the UAE at the forefront of the energy transition, to the United States. It represented a key geographical expansion for the developer's renewable energy ambitions.
- Masdar's initial North American renewable energy investment
- 149MW onshore wind farm in the U.S.
- Acquired from John Laing Group plc
- Value undisclosed
Timeline
Announced
Jan 1, 2019
Signed
Closed
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