UAE-based renewables developer Masdar has struck a deal to acquire a 49.99% stake in a portfolio of 2.5 GW of solar and storage capacities owned by Spanish utility Endesa SA (<a href="https://www.bolsasymercados.es/bme-exchange/es/Mercados-y-Cotizaciones/Acciones/Mercado-Continuo/Ficha/Endesa-ES0130670112" target="_blank">BME:ELE</a>) for EUR 817 million (USD 886.5m).