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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
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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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Masdar Joins Forces with RWE in £11 billion Investment to Co-develop Massive 3GW Offshore Wind Projects in UK
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, is part of an £11billion investment into the UK’s renewable energy sector and is purchasing a 49 percent stake in RWE’s 3 gigawatt (GW) Dogger Bank South (DBS) projects - which form one of the world’s largest planned offshore wind farms. DBS is capable of powering millions of British homes, reducing emissions and creating up to 3,000 jobs. Closing of the transaction is subject to customary approvals and expected in the first quarter of 2024.
Published on: 01 DEC 2023
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Masdar Signs Joint Study Agreement for supply of green hydrogen to the Port of Amsterdam
Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG and Zenith Energy Terminals have signed a Joint Study Agreement (JSA) to assess the feasibility of a dedicated liquefied green hydrogen supply chain for Masdar-produced hydrogen to the port of Amsterdam.
Published on: 06 DEC 2023
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Masdar and VERBUND to Explore Developing Large-Scale Green Hydrogen Production in Spain
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, and VERBUND Green Hydrogen GmbH have signed a deal to explore developing a green hydrogen plant in central Spain with a view to decarbonizing Europe’s hard-to-abate sectors.
Published on: 07 DEC 2023
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Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations
Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth plan across six Sub-Saharan nations, marking accelerated expansion for the UAE’s clean energy leader, in support of the clean energy transition across the continent.
Published on: 07 DEC 2023
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Graphene: the building block for a sustainable future
Graphene is an extraordinary substance. A layer of carbon, just one atom thick, yet 200 times stronger than steel, transparent, flexible, highly conductive both thermally and electrically: it has the potential to revolutionize whole industries and our entire built environment. It was first isolated in 2004 to Nobel Prize-winning effect at the University of Manchester and now that potential is starting to bear commercial fruit.
Published on: 15 JUL 2021
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Saudi Arabias first wind farm starts electricity generation
Dumat Al Jandal, the Middle East’s largest wind farm and the first in the Kingdom of Saudi Arabia, is now connected to the grid and has produced its first carbon-free megawatt-hours (MWh) of energy.
Published on: 07 AUG 2021
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Masdar Signs Agreement to Explore Exporting Green Hydrogen
Masdar, one of the world’s leading clean energy companies, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam to support Dutch and European markets.
Published on: 13 JAN 2023
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Masdar’s WiSER Annual Forum Explores Plans to Boost Women’s Leadership in Climate Adaptation at ADSW 2023
Over 120 influential figures came together to explore ways to boost women’s leadership in climate adaptation at an annual forum held by Women in Sustainability, Environment and Renewable Energy (WiSER), a global platform run by the UAE’s clean energy powerhouse Masdar.
Published on: 19 JAN 2023
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Board of Trustees Annual Meeting Reviews Masdar Institute’s Next Phase Growth Plan
The Board of Trustees of Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, reviewed the progress of the research-based institution during an annual meeting and approved its next phase growth strategy for the coming years.
Published on: 11 NOV 2013
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Masdar Champions Women at Forefront of Global Net-Zero Transition at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Women in Sustainability, Environment and Renewable Energy (WiSER) initiative, this week held a series of high-level discussions to raise global awareness and support for women as powerful catalysts of sustainable change on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 18 NOV 2022
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UAE launches bid to host COP28 in Abu Dhabi
His Highness Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, announced that the UAE is looking to host the twenty-eighth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change – better known as COP 28 – in Abu Dhabi in 2023.
Published on: 24 MAY 2021
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Carbon Capture, Usage & Storage Project Advanced at Emirates Steel’s Mussafah Facility
The two organisations have made sufficient progress on the commercial principles and have now commenced drafting Head of Terms (HoT) to govern future detailed delivery agreements.
Published on: 17 JAN 2012
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HH Gen Sheikh Mohamed Bin Zayed Inaugurates Fifth Edition of World Future Energy Summit
His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the Armed Forces of the United Arab Emirates affirmed that - led by His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the United Arab Emirates - God protect him – The United Arab Emirates is committed to retaining its leading role as a global energy provider through energy diversification including the adoption of renewable energy technologies.
Published on: 11 JAN 2012
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Masdar Achieves Financial Close on Uzbekistan’s First Utility-Scale Wind Farm
Masdar, one of the world’s leading renewable energy companies, announced today that it has achieved financial close on the 500-megawatt (MW) Zarafshan wind project – Uzbekistan’s first utility-scale wind farm.
Published on: 02 SEP 2022
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Masdar supports campaign to host Expo 2020
Abu Dhabi, UAE, March 1, 2012: In November 2011, the United Arab Emirates presented its bid to the Bureau International des Expositions (BIE) in Paris to host the World Expo in Dubai, between January 4 and June 30, 2020. Dr. Sultan Ahmed Al Jaber, Chief Executive Officer, Masdar, conveyed his support to the efforts of the United Arab Emirates in hosting World Expo 2020; highlighting the Expo’s focus on sustainable development.
Published on: 29 FEB 2012
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Gender parity must start at school
The COVID-19 pandemic is deepening gender parity issues, and that could lead to bigger problems for countries trying to rebuild their economies in the wake of the crisis, writes Dr Lamya Nawaf Fawwaz, Executive Director for Brand & Strategic Initiatives at Masdar
Published on: 31 AUG 2020
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Masdar signs agreement to explore export of renewable energy from Indonesia to Singapore
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed a Memorandum of Understanding (MoU) with Singapore’s Tuas Power, France’s EDF Renewables, and PT Indonesia Power to explore the development of renewable energy within Indonesia for export to Singapore.
Published on: 18 JAN 2022
