Fraud Warning

Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), is advising that it has become aware of a notable increase in fraudulent emails, letters, social media posts, and messages via online messaging services, being sent to members of the public.

The scammers behind these fraudulent communications are posing as Masdar employees or representatives in an attempt to extract payments in the form of investments into projects and/or visa payments for fake employment offers.  

The following information is designed to help members of the public protect themselves against fraudulent activity involving institutions or individuals claiming to represent, or offer products or services on behalf of, Masdar. 

Masdar is a renewable energy development company that is wholly owned by three shareholders: Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (ADNOC). Masdar does not provide any form of banking or investment services to individuals or companies or serve as a representative of any financial institutions.  

Under no circumstances would Masdar and its employees initiate emails, letters, telephone calls, social media or online messaging requesting individuals to disclose or confirm their personal or financial information, nor would Masdar offer any employment opportunities via a social media platform such as LinkedIn or Facebook.  

Furthermore, should you be contacted by individuals or institutions purporting to be from Masdar, claiming to offer investment services, or requesting monetary deposits, or phishing for information such as account details, personal identification details and passwords, you should assume that these individuals or institutions are engaging in fraud or identity theft and should be reported to your local police authority.

Masdar’s official website operates only under one domain name which is https://www.masdar.ae, and is not connected with the hosts of any other websites that may look similar to its official website. 

You can access the Masdar website by typing the above domain name into the address bar of your browser, or by bookmarking the genuine website. We recommend that you do not access the Masdar website through hyperlinks provided in emails or websites from an unknown origin, internet search engines or pop-up windows.  

Masdar takes reports of suspicious behavior or fraudulent activities, including bribery, corruption or exercise of undue influence involving Masdar employees and its counterparties, seriously.  If you wish to report any suspicious behavior involving an employee of Masdar, please complete the enquiry form, selecting ‘Suspicious Behavior’ from the drop down list.