Awards and Recognition

Credit Rating

  • Since September 2021, Masdar has been assigned credit ratings by Moody’s Investor Services and Fitch Ratings, two of the leading agencies that evaluate the creditworthiness of commercial and sovereign entities. Moody’s issued a long-term rating of A2, with a stable outlook, and Fitch issued a long-term rating of A+, also with a stable outlook.

Masdar’s Green Finance Framework

  • Masdar’s Green Finance Framework (GFF) has been developed to provide investors and stakeholders with information regarding our commitment to allocate the proceeds of green bonds, loans and other financial instruments in a manner consistent with international best practices. The proceeds of these instruments are used to finance Masdar’s investments at home and overseas, in developed and developing countries, to the highest ESG standards. Our GFF provides the basis of all allocations and impact reporting in our annual ‘Green Finance Report’, which reports on allocated proceeds and project impacts in the form of energy capacity, avoided CO2, and energy generated.

    Download the Masdar Green Finance Framework here.

    Download the Moody’s Investors Service Second Party Opinion here.


Masdar Awards (2006-2022)

Since it was established in 2006, Masdar has won numerous industry awards for its buildings, renewable energy projects and commitment to innovation.

Corporate

  • 2022 - Innovators of the Future, Arabian Business Award
  • 2022 - Dr Lamya Fawwaz felicitated for “Women in Renewables”, WIRA Awards 2022
  • 2022 - Parent-friendly Label for Masdar, Abu Dhabi Early Childhood Authority’s workplace award program
  • 2022 - CEO listed under “Most influential Arabs 2022” by Arabian Business
  • 2022 - CEO listed under “Top 100 CEOs in the Middle East” by Forbes
  • 2022 - CEO listed under Utilities ME Top 50
  • 2022 - The MEPRA Awards - Best Integrated Campaign (For A Sustainable Future) Silver
  • 2021 - Best Renewable Energy and Urban Development Brand for Global Brands Awards 2021
  • 2021 - Global Economics Awards 2021 under the following categories:
    • Most Innovative Renewable Energy Company
    • Best Sustainable Development
  • 2020 - CEO received the “Energy Business Leader of the Year award” at the Gulf Business Awards
  • 2020 - CEO received the honorary “International Energy Diplomacy Person of the Year Award” at IP Week
  • 2020 - Mubadala Group IT Awards
    • Information Security Framework Award – Medium-sized business
    • IT Standards Framework Award – Medium-sized business
  • 2019 - Gulf Cooperation Council (GCC) Gov HR Awards – Best Employee Benefits and Wellness Strategy
  • 2019 - We Are Committed campaign for ADSW at Mepra Awards 2019
    • Best Sustainability Campaign (Bronze)
    • Best campaign in UAE (Bronze)
    • Best Energy and Natural Resources Campaign (Silver)
  • 2019-CEO - Excellence in Sustainability award during Siemens Middle East’s 20th anniversary in the UAE
  • 2019-Best Employee Benefits and Well Being Strategy Award for GCC Gulf HR Awards 2019
  • 2019-Year of Tolerance Award for Masdar’s Ethics, Diversity and Inclusion Initiative at the Mubadala Ethics and Compliance Network Awards 2019
  • 2018 - CEO - 4th Global Solar Leaders Award, part of the 4th Global Solar Leaders’ Summit, Dubai 
  • 2017 - Emirates Energy Awards (part of the 4th annual World Green Economy Summit)
    • Emirates Energy Award in Research and Development
    • Emirates Energy Award in Large Projects
  • 2017 - CEO received the annual appreciation award on behalf of Masdar, DEWA Annual Appreciation Ceremony
  • 2017 - Gulf Business Awards 2017
    • Energy Leader of the Year, CEO
    • Energy Company of the Year, Masdar
  • 2017 - Masdar honoured for its contribution to the Global Summit of Women Speakers of Parliament (National Federal Council)
  • 2017 - Lifetime Achievement Award (Masdar CEO, Mohamed Al Ramahi) of the UAE Internal Auditors Association
  • 2016 - Gulf Business Awards 2016
    • Energy Company of the Year (Masdar)
    • Energy Business Leader of the Year (Masdar CEO, Mohamed Al Ramahi)
  • 2014 - CIPS Gold Award for Excellence in Procurement and Supply Chain Practices, CIPS Middle East Awards
  • 2012 - Energy Company of the Year (Energy Business Leader), Gulf Business Industry Awards
  • 2012 - Leadership for New Energy Award, Energy Intelligence
  • 2012 - ‘Champion of the Earth’ Award (Masdar CEO, Dr Sultan Al Jaber) - United Nations Environment Programme (UNEP)
  • 2012 - Best Contribution to the Reputation of the Procurement Profession, CIPS Middle East Award 2012
  • 2008 – Clean Tech Leader of the Year - Cleantech Awards in San Francisco, California, USA

Clean Energy:

  • 2022: Fire category for Future Rehabilitation Centre (FRC) project, Energy Globe Awards 2022
  • 2022: Fatima Al Suwaidi as Business Leader of the Year, Energy Box Award 2022
  • 2022: Alya Al Naqbi as Energy Woman of the Year, Middle East Energy Awards 2021, (awards announced in 2022)
  • 2022: Future Energy Leader of the Year, The Hydrogen Future Awards 2022
  • 2021: Solar Power Project of the Year – Indonesia, Cirata Floating Solar, Asian Power Awards
  • 2021 - Utility Scale Project of the Year-Al Dhafra Project, MESIA Awards (Middle East Solar Industry Association
  • 2020 - Aysha Alaydaroos, Head of Business Support, Clean Energy, Masdar was one of five ‘Distinguished Representatives’ at the Women in Renewables Award (WiRA)
  • 2020 - Project Finance International (PFI) Awards, Renewable Energy Deal of the Year – Middle East and Africa (Dumat Al Jandal project)
  • 2019 - Fatima Al Suwaidi, Analyst Mergers and Acquisitions, Clean Energy, Woman in Solar of the Year, MESIA Awards (award announced January 2020)
  • 2019 - The East Rockingham Waste to Energy facility, Asia-Pacific waste deal of the year, IJ Global Awards (Award announced in July, 2020)
  • 2019 - 11th Caribbean Renewable Energy Forum (CREF), Distributed Generation Project awarded to the Thomas A. Robinson National Stadium 925Kw Solar PV Carport Power Plant, Nassau, Bahamas, part of the UAE Caribbean Renewable Energy Fund – delivered under the first stage of projects by the UAE Ministry of Foreign Affairs and International Cooperation, Abu Dhabi Fund for Development and Masdar.
  • 2019 - Clean Energy Initiative of the Year (Sharjah Waste-to-Energy project), Middle East Energy Awards
  • 2018 - Clean Deal of the Year (Sharjah Waste-to-Energy project), PFI Awards 2018
  • 2018 - Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards (Winners-Masdar and Bee’ah for their financing of the UAE’s first waste-to-energy project).
  • 2018 - Solar Project of the Year 2018, The Asian Power Awards, Jakarata, Indonesia.
  • 2018 - Deal of the Year (Cibuk 1 project), nomination submitted by the Lenders Local Council, Karanović & Nikolić - Central Eastern Legal Awards 2018
  • 2017 - Middle East and Africa Renewables Deal of the Year (Shuaa 2 Energy PSC for 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park) – PFI Awards 2017 (*Award function took place in Feb 2018)
  • 2017 - Emirates Energy Award in Research and Development (Renewable Energy Water Desalination Programme)
  • 2016 - Corporate Responsibility Award (Shams 1) - MENASOL Awards 2016
  • 2015 - CSP Developer of the Year - MENASOL Awards 2015
  • 2013 - Global Wind deal of the year by Project Finance International (PFI) - LA project financing
  • 2013 - Global Renewable deal of the year by Project Finance International (PFI) - LA project financing
  • 2013 - Large Energy Project Award (Shams 1) - Emirates Energy Award
  • 2013 - Project of the Year Award (Shams 1 Power Plant) - Emirates Solar Industry Association
  • 2012 - Leadership for New Energy Award, Energy Intelligence and International Herald Tribune
  • 2012 - Project Finance Sustainability Deal of the Year for Europe, Middle East and Africa (Shams 1) - EMEA Finance Magazine
  • 2011 - Best Renewable Energy Project Developer in Middle East - World Finance Magazine
  • 2011 - Sustainable Development Process award (Gemasolar) - European Business Award
  • 2010 - Middle East Renewable Energy Deal of the year (Shams 1) - Project Finance Magazine
  • 2007 - World Clean Energy Award - Transatlantic21 Association