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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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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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Y4S launches new climate debate series
Youth 4 Sustainability (Y4S) has launched a new monthly debate platform on climate change called Y4S Climate Talk.
Published on: 22 NOV 2021
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Masdar supports World Environment Day
As a pioneer in sustainability solutions and a leader in sustainable urban development, Masdar is fully committed to supporting World Environment Day, which is being celebrated across the globe today, June 5.
Published on: 05 JUN 2020
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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 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 discusses the importance of green construction for a sustainable future during webinar hosted by TENDERD
Masdar has participated in a webinar focussed on the importance of green construction practices in contributing toward a more sustainable future. Hosted by TENDERD, a technology start-up from Silicon Valley based in Dubai, the webinar was led by speakers H.E. Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, United Arab Emirates, Mr. Abdulla Balalaa, Acting Executive Director, Sustainable Real State at Masdar City, and Mr. Arjun Mohan, Founder and CEO at TENDERD.
Published on: 11 NOV 2020
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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
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Masdar is dedicated accelerating sustainable development
Masdar is dedicated to a low-carbon recovery post-COVID-19, according to Yousif Al Ali, Executive Director, Clean Energy.
Published on: 09 JUN 2020
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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 leads initiative to support development of Abu Dhabi’s green hydrogen economy
Masdar, one of the world’s leading renewable energy companies, announced today that it is joining forces with Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy, and Marubeni Corporation in an initiative designed to support the development of Abu Dhabi’s green hydrogen economy.
Published on: 18 JAN 2021