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Dudgeon wind farm signs publicly rated landmark project refinancing of GBP1.4 billion
The owners of the Dudgeon wind farm, Equinor, Masdar and China Resources Group have announced the signing of a hybrid refinancing that includes approximately GBP561 million of commercial bank debt and GBP706 million of senior secured notes privately placed with institutional investors, finally maturing in 2032. Both tranches have been oversubscribed, underpinning strong investor interest. The A- (EXP) rating by Fitch reflects efficient operations and robust asset performance.
Published on: 13 DEC 2018
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Masdar collaborates with Department of Transport to roll out first all-electric bus service in the Middle East
Abu Dhabi, United Arab Emirates; January 3, 2019 – Masdar, the Abu Dhabi Future Energy Company, has officially launched the first fully electric passenger bus in the region in partnership with the Department of Transport in Abu Dhabi (DoT), Abu Dhabi-based bus manufacturer Hafilat Industry LLC , and leading technology company Siemens.
Published on: 03 JAN 2019
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Masdar Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Ras Al Khaimah Municipality launches Model Villa Initiative as part of Masdar partnership
Ras Al Khaimah Municipality, in partnership with Masdar (Abu Dhabi Future Energy Company), has today launched its “Model Villa Initiative”, in an effort to promote energy efficiency and the building of more sustainable residential villas in the emirate.
Published on: 24 SEP 2018
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Masdar partners with UAE Office for Food Security
The UAE Office for Future Food Security and Masdar have announced a strategic partnership to enhance food security in the UAE. The collaboration aims to address future challenges by developing joint initiatives that enhance the country's capacity and competitiveness in critical sectors related to future food security.
Published on: 29 JUL 2018
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ADSW 2018 draws to a close after delivering on promise to “Drive the global energy transformation”
Abu Dhabi Sustainability Week (ADSW) 2018, hosted by Masdar, Abu Dhabi Future Energy Company, came to a successful conclusion on 20 January after further cementing its role as the world’s most inclusive sustainability gathering. The event brought together more than 38,000 attendees representing 175 countries, ranging from Heads of State and leaders of industry to students and local communities.
Published on: 21 JAN 2018
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Building on a legacy: Introducing the Zayed Sustainability Prize
The Zayed Future Energy Prize will today become the Zayed Sustainability Prize as part of a strategic move to refocus its mandate. After ten years of successfully promoting renewable energy initiatives across the globe, the Prize will now broaden its focus to affect greater humanitarian impact by supporting a wider range of solutions to the challenges of sustainable development.
Published on: 16 APR 2018
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A SHARED AMBITION OF SUSTAINABILITY
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the well-being of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications.
Published on: 12 MAY 2019
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Masdar and European Investment Bank Working Together to Accelerate Renewable Energy Development in ME
Masdar, Abu Dhabi’s renewable energy company, today announced plans to collaborate with the European Investment Bank (EIB) – the financial arm of the European Union – to accelerate the development of clean energy projects in parts of the Middle East and North Africa. The framework agreement, signed during Abu Dhabi Sustainability Week, allows Masdar and EIB to jointly identify investment opportunities to develop and finance renewable energy projects.
Published on: 20 JAN 2014
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Masdar Signs Cooperative Framework with Energias de Portugal
Masdar today signed a framework agreement with Energias De Portugal (EDP), Portugal’s largest utility company, to explore opportunities to deploy large-scale renewable energy projects and promote renewables as source of foreign aid. The agreement was signed by Jorge Cruz Morais, director-general of EDP Internacional and H.E Dr. Sultan Al Jaber, CEO of Masdar, during the seventh World Future Energy Summit, a global platform that addresses the future of renewable energy and sustainable development in the Middle East and the world.
Published on: 21 JAN 2014
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Masdar Signs MOU with JBIC to Accelerate Renewable Energy Technologies
Masdar today signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) that will see the two parties work together in identifying, financing and executing renewable energy projects around the world. The agreement was signed by H.E Dr. Sultan Al Jaber, Minister of State and CEO of Masdar, and JBIC Governor, CEO, Hiroshi Watanabe. The signing took place in the presence of His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Japanese Prime Minister, Shinzo Abe.
Published on: 25 FEB 2014
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President of Costa Rica to speak during Abu Dhabi Sustainability Week
His Excellency Luis Guillermo Solis, President of the Republic of Costa Rica, will discuss the future of sustainable development and reflect on his nation’s success in adopting renewable energy during a presidential address during Abu Dhabi Sustainability Week (ADSW) 2017.
Published on: 01 JAN 2017
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Saudi youth support major investment in renewable energy
Abu Dhabi, United Arab Emirates, December 28, 2016 – Ambitious plans set out by the Kingdom of Saudi Arabia for the deployment of renewable energy are strongly aligned with the hopes and ambitions of the country’s young people, according to global research commissioned by Masdar, Abu Dhabi’s renewable energy company.
Published on: 02 JAN 2017
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Indian youth say solar power is the energy of the future
Two-thirds of young Indian adults believe solar power should be the priority future energy source for their country, with wind power (56%) and hydroelectricity (37%) ranked second and third most important, respectively.
Published on: 03 JAN 2017
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Three school teams from Al Gharbia win “Solar Oven Challenge”
The winning teams in a school contest to build an electric oven powered by solar energy received their trophies and cash prizes at Shams Solar Power Company in Madinat Zayed yesterday.
Published on: 15 JAN 2017
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Masdar takes 25% stake in world’s first floating offshore wind farm
Masdar, Abu Dhabi’s renewable energy company, has acquired a stake in Hywind Scotland, a 30-megawatt (MW) floating offshore pilot wind farm in the North Sea, it was announced at an official ceremony during Abu Dhabi Sustainability Week 2017.
Published on: 16 JAN 2017
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Masdar and Statoil collaborate to explore potential of battery storage solution at Hywind Scotland
Masdar, Abu Dhabi Future Energy Company, has announced the signing of a collaborative agreement with Norwegian multinational oil and gas company Statoil to analyse data from “Batwind” – the integrated energy storage system designed to store energy generated by Hywind Scotland, the first commercial-scale floating wind farm that was inaugurated by the two companies last October – and explore the battery’s potential for further applications and business opportunities.
Published on: 16 JAN 2018
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Torresol Energy celebrates ten years of solar thermal power generation
In the ten years since it was established through a collaboration between Masdar, Abu Dhabi’s renewable energy company, and SENER, the Spanish engineering and technology specialist, Torresol Energy has steadily pursued its mission to improve the competitiveness of large-scale concentrated solar power (CSP) plants.
Published on: 28 MAR 2018
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Masdar City to Showcase Investment Opportunities During Cityscape Abu Dhabi
Masdar City representatives will showcase the city’s attractive investment opportunities during Cityscape Abu Dhabi, the Emirates’ foremost real estate event held April 22-24 at the Abu Dhabi National Exhibition Centre.
Published on: 20 APR 2014
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Masdar concludes Power Purchasing Agreement to build Jordan’s largest solar power plant
Masdar, Abu Dhabi’s renewable energy company, has completed a key step in the development of the largest solar power plant in the Hashemite Kingdom of Jordan. The Power Purchasing Agreement (PPA) for a 200-megawatt (MW) photovoltaic (PV) plant was signed today by Mohamed Al Ramahi, Chief Executive Officer of Masdar, and Abdul Fattah Daradkeh, Chief Executive Officer of National Electric Power Company, Jordan’s state electricity provider, at a ceremony in Amman attended by His Excellency Dr Hani Al Mulqi, Prime Minister of Jordan.
Published on: 23 OCT 2016
