Clean energy arm of Abu Dhabi Future Energy CompanyMasdarhas closed the acquisition of a 50% stake in Terra-Gen, a US-based independent renewable energy producer. The 50% stake was previously owned by Energy Capital Partners, while the other 50% stakeremainswith IgneoInfrastructure Partners. Terra-Gen’s operating portfolio comprisesof 3.8GW of wind, solar, and battery storage assets, while its development pipeline exceeds 12GW, including major projects in California, Texas, and New York. This transaction aligns with Masdar’s ambition to reach 100GW of renewable energy capacity worldwide by 2030. With $20 billionallocatedthrough the PACE initiative, led by Masdar and US investors, 15GW of clean energy projects are set to be developed in the US by 2035. The acquisition reinforces Masdar’s involvement in the US energy transition, with Terra-Gen projects planned to begin commercial operations in 2025. Financial and legal advisors in the deal include Lazard, Guggenheim, and White & Case.