Last year, eBay Inc.
According to the binding agreement, BlackRock Real Assets, together with Mubadala, will invest $525 million via compulsorily convertible instruments for a 10.53 percent stake in the company, translating to a base equity valuation of $4.46 billion, according to a statement released by Mubadala.
This newly created platform will consist of five units — utility-scale solar, wind and hybrid generation assets; solar cell and module manufacturing; engineering, procurement and construction contracting; rooftop solar infrastructure; and solar pumps and electric vehicle charging infrastructure.
ABU DHABI: Tata Power has agreed to sell some stakes in its renewable business to a consortium led by BlackRock Real Assets, which also includes Abu Dhabi based Mubadala Investment Company.
The methanol manufacturer’s profit rose to SR102 million , compared to SR29 million for the same period a year earlier, it said in a bourse filing.