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  • Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, today announced it has successfully raised USD1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of USD750 million on the International Securities Market of the London Stock Exchange.

    Published on: 19 JUL 2024

  • SNOC and Emerge Break Ground on Largest Solar Plant in Sharjah

    The Emirate of Sharjah oil and gas industry leader, Sharjah National Oil Corporation (SNOC), and Emerge Limited, a joint venture between Masdar and the EDF Group, celebrated a significant milestone today with the groundbreaking ceremony for the largest solar installation in Sharjah to date.

    Published on: 08 JUL 2024

  • Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

    Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has reached an agreement with Endesa S.A. (“Endesa”) to become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions.

    Published on: 25 JUL 2024

  • Masdar's Garadagh solar plant ignites inspiration and innovation in Azerbaijan

    For Rajab Huseynli and his proud farming family in the Gobustan area of Azerbaijan, “Energy is everything.” When he saw the Garadagh solar PV plant that Masdar developed in partnership with the Republic of Azerbaijan, the project “inspired us to do something important for our world,” Huseynli says.

    Published on: 29 AUG 2024

  • WiSER Pioneers Program Opens for Applications

    Women in Sustainability, Environment, and Renewable Energy (WiSER) – a global initiative established by the UAE’s two leading sustainability champions, Masdar and the Zayed Sustainability Prize – has opened applications for its 2025 WiSER Pioneers Program.

    Published on: 13 SEP 2024

  • Masdar’s annual Sustainability Report reveals global portfolio and advanced pipeline capacity grew 58% in 2023

    Masdar’s clean energy capacity rose from 20GW in 2022 to 31.5GW in 2023, with operational projects generating 26,702GWh of power, avoiding 14 million tonnes of CO2e

    Published on: 04 OCT 2024

  • Masdar Accelerates U.S. Renewables Expansion Closes Acquisition of 50% Stake in Terra-Gen

    Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced the closing of its acquisition of a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen” or “the Company”), one of the largest independent renewable energy producers in the United States, from Energy Capital Partners (“ECP”).

    Published on: 01 OCT 2024

  • Masdar to Acquire Saeta from Brookfield for $1.4 Billion

    Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), for an implied enterprise value of c. US$1.4 billion (€1.2 billion). Closing of the transaction is subject to customary approvals and is expected to occur around the end of 2024.

    Published on: 24 SEP 2024

  • ADNOC, Masdar and Microsoft Release Powering Possible: AI and Energy for a Sustainable Future

    Report highlights how AI is critical for accelerating the net-zero energy transformation by boosting efficiencies, decarbonizing existing systems, and expanding carbon-free energy sources Report draws on insights from over 400 thought leaders in technology, energy and finance, including Jensen Huang, CEO of NVIDIA, Larry Fink, CEO of BlackRock and Patrick Pouyanné, CEO of TotalEnergies Jointly authored report calls for energy sector to accelerate investment in AI to drive decarbonization while securely responding to growing global electricity demand

    Published on: 31 OCT 2024

  • Masdar and Presight Sign Agreement to Develop AI Asset Management Tool

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with Presight, the region’s leading big data analytics company powered by generative artificial intelligence (AI), to develop an asset management tool for its renewable energy projects around the globe.

    Published on: 15 OCT 2024

  • EDF Group and Masdar-Led Consortium Achieves Financial Close on its Multi-Utilities Infrastructure Facility at AMAALA Tourism Destination In KSA

    The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced today that it has reached the financial close for its multi-utilities infrastructure facility at AMAALA. The overall project build cost is approximately 1.5 billion USD. Developed by Red Sea Global, AMAALA is a new destination with wellness at its core, nestled along the Red Sea coast of the Kingdom of Saudi Arabia and expected to start welcoming guests in 2025.

    Published on: 31 OCT 2024

  • UAE-France High-Level Business Council holds 2nd plenary meeting in Paris

    Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, and Patrick Pouyanné, Chairman and CEO of TotalEnergies, co-chaired, on Monday in Paris, the second plenary meeting of the UAE-France High-Level Business Council, in the presence of Bruno Le Maire, French Minister of Economy, Finance, and Industrial and Digital Sovereignty.

    Published on: 19 FEB 2024

  • Masdar Arlington Energy breaks ground on two UK sites as part of £1 Billion Battery Energy Storage System Investment

    Masdar Arlington Energy, a subsidiary of Abu Dhabi Future Energy Company PJSC – Masdar, has broken ground at the sites of two new battery energy storage system (BESS) projects in the UK.

    Published on: 27 FEB 2024

  • DEWA and Masdar reach financial closing on 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park

    Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar), announced the financial closing of the 1800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately AED 50 billion. This is a new milestone in promoting the use of clean and renewable energy in the UAE.

    Published on: 21 FEB 2024

  • Farmers in Senegal harvest benefits of Masdar wind farm

    Farmers in Taiba N’Diaye, Senegal, are able to harvest crops during the dry season and sell produce at a revamped local market, thanks to Masdar.

    Published on: 29 JAN 2024

  • Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe

    Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an enterprise value of 3.2bn euros, representing the largest ever energy transaction on the Athens Stock Exchange, and one of the largest in the EU renewables industry.

    Published on: 28 NOV 2024

  • Masdar reaches close on financing for 476MW Baltic Eagle Offshore Wind Project

    Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany.

    Published on: 15 MAR 2024

  • Masdar and KESH Sign Agreement to Explore Renewable Energy Joint Venture in Albania

    Abu Dhabi Future Energy Company PJSC (Masdar) and Korporata Elektroenergjitike Shqiptare (KESH) – Albania Power Corporation - have signed a joint venture term sheet agreement to explore the development of gigawatt-scale renewable projects in Albania.

    Published on: 13 NOV 2024

  • President of Azerbaijan Breaks Ground on Masdar 1GW Solar and Wind Projects

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse and SOCAR, the State Oil Company of Azerbaijan, have broken ground on three major solar and wind projects in Azerbaijan with a capacity of 1 gigawatt (GW).

    Published on: 05 JUN 2024

  • Masdar and RWE advance 3GW Dogger Bank South offshore wind project seabed site investigations

    Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and RWE, a leading renewable energy company in Germany, have awarded global leading geo-data specialist,

    Published on: 26 APR 2024

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