Morocco : Green Power group to acquire 48% stake in Masdar Energy
Enel Green Power SpA, an Italian multinational renewable-energy corporation, headquartered in Rome, is to acquire 48 % stake in the Moroccan firm, Masdar Energy while Marita Group, a Moroccan holding operating in the real estate, energy and education industries will control the remaining 52%, reports Trend Online.
This operation, which includes an investment plan of 1.7 billion Euros by 2023, is expected to create 7,600 jobs.
Masdar Energy has signed an agreement with