Masdar is owned by three shareholders: Abu Dhabi National Oil Company, the Abu Dhabi National Energy Company PJSC (TAQA) and Mubadala Investment Company.
Abu Dhabi National Oil Company (ADNOC) is one of the world's leading energy producers and a primary catalyst for the growth and diversification of the Abu Dhabi economy. With a production capacity of more than 4 million barrels of oil per day and 11.5 billion cubic feet of natural gas per day, as well as a growing lower carbon and new energies portfolio, ADNOC operates across the entire energy value chain. It has a network of fully integrated businesses for exploration, production, storage, refining, and trading, as well as the development of a wide range of petrochemical products and new energy solutions.
Founded in 1971, ADNOC has been responsible for harnessing the UAE’s energy resources by meeting the demands of an ever-changing energy market and ultimately transforming our nation. Since its foundation, ADNOC has worked tirelessly to honor the legacy of the UAE’s Founding Father by thinking creatively, challenging convention, and striving for excellence in all that it does.
Mubadala Investment Company manages long-term investments that deliver strong financial returns and genuine social benefits for Abu Dhabi. The principles that guide Mubadala’s business strategy differentiate the company from other investment organizations.
Partnerships with world-class industry leaders underpin those principles, bringing the knowledge, expertise, and technical skills that the UAE needs to build a balanced and sustainable economy.
Masdar leverages synergies across Mubadala’s diverse business portfolio to accelerate the deployment of renewable energy in local and international markets.
Established in 2005, the Abu Dhabi National Energy Company PJSC (TAQA) is a diversified utilities and energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).
TAQA has significant investments in power and water generation, transmission and distribution assets, as well as upstream and midstream oil and gas operations. In addition to the UAE, the company has assets in Canada, Ghana, India, Iraq, Morocco, Oman, the Netherlands, Saudi Arabia, the United Kingdom, and the United States.