US$5bn+

total non-recourse project finance debt across the portfolio

17

countries in which we have financed projects

34

operational projects in sectors including solar PV, onshore and offshore wind, concentrated solar power, battery storage

US$225m

committed corporate green loan facilities

Green Finance Framework

Masdar’s Green Finance Framework has been developed to provide investors and stakeholders with information regarding our commitment to adhering to the international gold standard for the allocation of funds obtained from green bonds, loans and other financial instruments raised to finance Masdar’s investments at home and overseas.

Our Green Finance Framework has been assigned a Sustainability Quality Score of SQS1 (Excellent) by Moody’s Investor Services, its second party opinion provider. This reflects best practices alignment with the four components of the Green Bond Principles and the Green Loan Principles, and a high expected contribution to sustainability.

Revolving credit and trade finance facilities

In line with our prudent liquidity management strategy, Masdar maintains revolving credit facilities with a syndicate of 14 banks for general corporate purposes. These facilities have a 5-year tenor and were signed in September 2021. The original lenders include Bank of America, BNP Paribas, Citibank, Credit Agricole, First Abu Dhabi Bank, Intesa Sanpaolo, JP Morgan, Mizuho, Société Generale, Standard Chartered, Sumitomo Mitsui Banking Corporation, DBS Bank, Natixis, and UniCredit Bank.

We also maintain uncommitted bank guarantee facilities with local and international banks to aid our business development activities across the globe. These are in place with Abu Dhabi Commercial Bank, Banco Sabadell, Emirates NBD, First Abu Dhabi Bank, Société Generale, and UniCredit Bank.

Credit ratings

Masdar’s long term credit ratings reflect the continuing support from the government of Abu Dhabi and the strong standalone credit profile of our business.

Financial Information and Bond Programme

CERTIFICATIONS
OUTSTANDING BONDS
  • Currency Amount Out. (mm) Coupon (%) Maturity date Issue date ISIN MSCI Green Bond Download
    USD 750 4.875% 25 July 2033 25 July 2023 XS2651619285 Aligned
AWARDS
  • 1. IJ Global Awards Asia-Pacific Renewables Deal of the Year – Wind and the Project Finance International Awards Central Asian Deal of the Year award,
    in each case for its Zarafshan project in 2022

    2. IJ Global Awards MENA Renewables Solar Deal of the Year and the Middle East Solar Industry Association Utility Scale Project of the Year awards,
    in each case for its Al Dhafrah project in 2021

Awards

Awards

  • 2022
    • IJ Global Awards Asia-Pacific Renewables Deal of the Year Wind and the Project Finance International Awards Central Asian Deal of the Year award, in each case for its Zarafshan project in 2022
  • 2021
    • IJ Global Awards MENA Renewables Solar Deal of the Year award the Middle East Solar Industry Association Utility Scale Project of the Year award, in each case for its Al Dhafrah project in 2021
    • LEARN MORE

Request more information