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Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio
Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.
Published on: 19 JAN 2022
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Khaled Abdulla Al Qubaisi highlights the importance of resilience during third Masdar Live
Masdar today hosted the third edition of Masdar Live, a virtual town hall event for employees. Today’s event featured Khaled Abdulla Al Qubaisi, Chief Executive Officer, Aerospace, Renewables & Information Communications Technology (ICT) at Mubadala, who updated employees on activities across the platform, reflected on the year so far and looked ahead towards the future.
Published on: 11 JUN 2020
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Join Masdar’s Y4S platform for summer sustainability workshops for youth
Masdar’s Youth 4 Sustainability strategic initiative is participating in workshop programs led by the UAE’s Ministry of Education and Ministry of Culture and Youth and Abu Dhabi’s Department of Education and Knowledge.
Published on: 11 AUG 2020
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Masdar acquires 40% stake in Australian waste-to-energy facility
Masdar has made its first investment in Australia after acquiring a 40 per cent stake in the country’s second utility-scale waste-to-energy (WTE) facility. Masdar made the announcement during Abu Dhabi Sustainability Week (ADSW) 2020.
Published on: 13 JAN 2020
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Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant
Masdar and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project.
Published on: 17 DEC 2020
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Abu Dhabi Sustainability Week returns in January 2022 to advance global sustainability agenda
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, will be held from January 15 to 19, 2022.
Published on: 12 DEC 2021
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Masdar project wins regional award
One of our projects has received a prestigious regional award. Dumat Al Jandal (DAJ), the first wind farm in Saudi Arabia and the largest development of its kind in the Middle East, has won the Renewable Deal of the Year at the annual Project Finance International (PFI) Awards, in the Middle East and Africa category.
Published on: 08 FEB 2020
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Ripe Market coming to Masdar City, Abu Dhabi
The wait is finally over; Masdar City, will be host to the Ripe Market’s return to Abu Dhabi, on Friday, 26th November from 4pm to 10pm, with offerings for both foodies and shoppers to enjoy!
Published on: 17 NOV 2021
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Masdar welcomes new policy to ban single-use plastics in Abu Dhabi
Masdar has welcomed the decision by the Environment Agency – Abu Dhabi (EAD) to ban the use of single-use plastic in Abu Dhabi by 2021.
Published on: 17 MAR 2020
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Masdar signs agreement with TANESCO to support Tanzania’s clean energy objectives
Masdar has signed an agreement with Tanzania Electric Supply Company Ltd. (TANESCO) to develop renewable energy projects in the East African nation.
Published on: 28 FEB 2022
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Masdar signs agreements to explore clean energy opportunities in Greece
Masdar has signed a number of Memorandums of Understanding with leading organizations in Greece to explore clean energy opportunities in the nation.
Published on: 09 MAY 2022
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Masdar signs landmark agreements to develop 4 GW-capacity green hydrogen plants in Egypt by 2030
Masdar, one of the world’s leading renewable energy companies, and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, announced today that they have signed two Memorandums of Understanding with leading Egyptian state-backed organizations to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast.
Published on: 24 APR 2022
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Growth of renewables in the Middle East in the spotlight at Milken Institute summit
Masdar’s Chief Financial Officer, Niall Hannigan, joined more than 1,000 global thought leaders, government officials and business leaders at the recent Milken Institute’s 2020 Middle East and Africa Summit in Abu Dhabi.
Published on: 24 FEB 2020
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HE Suhail Al Mazrouei predicts a dominant role for renewables in the future
The seventh edition of Masdar Live saw His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure, share his insights about the current fossil fuel economy and his hopes for the energy economy of the future.
Published on: 30 AUG 2020
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Masdar signs agreement with Cosmo Energy to explore development of renewable energy projects in Japan
Masdar, one of the world’s leading renewable energy companies, announced today that it has signed an agreement with Cosmo Energy Holdings Co., one of Japan’s largest energy companies, to explore the development of renewable energy initiatives, including offshore wind projects, in Japan.
Published on: 19 JAN 2022
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Masdar City wins prestigious industry award
Masdar City was recognised as part of the “Building the Future—The Top Real Estate companies in the Middle East 2019 awards organised by Forbes ME, receiving the Best Sustainable Developer Award”, for our pioneering contribution to the sustainable development market. The award was accepted by Yousef Baselaib, Executive Director, Sustainable Real Estate.
Published on: 20 NOV 2019
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Masdar driving alternative energy development, CEO tells Wired
Masdar has helped to make clean energy as competitive as conventional power sources, and is pioneering new technologies, including hydrogen and battery storage, Chief Executive Officer Mohamed Jameel Al Ramahi told Wired.
Published on: 07 JUN 2020
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Masdar-EDF Renewables-Nesma consortium reaches financial close and starts construction on 300 MW solar project in Saudi Arabia
The consortium led by Masdar and EDF Renewables, both global leaders in renewable energy, and Nesma Company, announced today it has reached financial close on a 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah and is starting construction.
Published on: 10 APR 2021
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Masdar and W Solar Investment form joint venture company to develop renewable energy projects
Masdar, one of the world’s leading renewable energy companies, and W Solar Investment, a subsidiary of Alpha Dhabi Holding, and a development and investment company in the solar energy industry, have formed a joint venture company (JVC) to develop clean energy projects in a range of geographies.
Published on: 25 JAN 2022
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In the presence of Mohammed bin Rashid, Masdar Signs Agreement with DEWA to deliver sixth phase of world’s largest single-site solar park PV Project
H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai; witnessed the signing of an agreement between the Dubai Electricity and Water Authority PJSC (DEWA) and Masdar, Abu Dhabi Future Energy Company PJSC, to build and operate the 1,800 megawatt (MW) sixth phase of the landmark Mohammed bin Rashid Al Maktoum Solar Park, costing up to AED5.51 billion.
Published on: 06 SEP 2023
