Alongside the acquisition, Masdar and Endesa, an Italian energy giant Enel subsidiary, signed a MoU to explore further collaboration on renewable energy projects in Spain. Dr Sultan Al Jaber, UAE Minister of…
Tag: Masdar
Abu Dhabi’s Masdar raises $1 billion with second green bond; plans in place to raise $3 billion
Masdar also said there was a strong appetite from regional and international investors, with the order book peaking at $4.6 billion and an oversubscription of 4.6x. The allocation was finalised with an…
Abu Dhabi's Masdar to issue green bonds in renewables power push
The company, also known as Abu Dhabi Future Energy Co., had previously said it intended to issue as much as $1 billion of green bonds this year. Masdar completed its debut sale…
Masdar and Acwa Power compete for Oman solar project
The shortlisted candidates include Total Energies, International Power (Engie), EDF Renouvelables, Korean Western Power, Sumitomo Corporation, Jinko Power, Sembcorp Utilities, Al Riyadh National Trading, and Korea Midland Power. This marks Nama Power’s…
UK's bp joins Masdar consortium planning green hydrogen project in Egypt
The consortium already has a Framework Agreement (FWA) with the Egyptian government to carry out a set of studies and activities to ‘evaluate the technical and commercial feasibility of the project’. The…
Abu Dhabi’s Masdar signs $3.4 billion deal to acquire Greece’s Terna Energy
Abu Dhabi: Abu Dhabi Future Energy Company – Masdar – has signed an agreement to acquire Greece’s Terna Energy for an enterprise value of €3.2 billion ($3.43 billion), UAE’s leading developer and…
UAE's Masdar enters Bahrain market with planned 2GW wind farm, first such for Middle East
Dubai: Masdar, the Abu Dhabi clean energy company, is making an entry into Bahrain with a potential investment and development of wind projects with a combined capacity for up to 2GW (gigawatts)….
EWEC picks Masdar, other partners to develop a 1.5 gigawatt solar project in Abu Dhabi
Abu Dhabi: Emirates Water and Electricity Company (EWEC) announced the award for its 1.5 gigawatt (AC) Al Ajban Solar PV Independent Power Project on Friday. EWEC said the development of the utility-scale…
New alliance of UAE's Emirates Global Aluminium, Masdar to explore 'low-carbon' aluminium
There are also possibilities to work overseas where Masdar will support EGA to power new aluminium production facilities with renewable energy sources. “Aluminium production is energy-intensive, and generating the electricity required using fossil…
CEO of Masdar City: Dh3-4 billion worth of projects under design in areas of AI, life sciences
Abu Dhabi: CEO of Masdar City, Ahmed Baghoum, has revealed that there are projects under the design phase with an investment cost ranging between Dh3-4 billion that target critical sectors like energy,…