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Masdar to Expand Endesa Partnership in €368 Million Renewable Energy Transaction, Strengthening Presence on Iberian Peninsula
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, announced today an agreement with Endesa S.A. to acquire a 49.99 percent stake in four solar plants in Spain, with a total capacity of 446 megawatts (MW). The transaction, which is subject to regulatory approvals and other conditions, would see Masdar invest €184 million for the stake in the assets, which have an enterprise value of €368 million.
Published on: 24 MAR 2025
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Masdar Completes the Acquisition of Valle Solar, One of the Largest Solar Projects in Spain’s Valencia Region
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today the investment through its subsidiary Saeta of one of the largest solar PV projects in Spain’s Valencia region, Valle Solar. This landmark project, initially promoted by the joint venture of Genia Solar Energy and Solar Ventures, is the next step in Masdar's commitment to expansion in Spain, driving growth across the renewable energy sector.
Published on: 27 MAR 2025
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Crown Prince of Abu Dhabi and President of Kazakhstan Witness Masdar Agreement to Develop Renewable Energy Projects
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, and His Excellency Kassym-Jomart Tokayev, President of the Republic of Kazakhstan, witnessed a collaboration agreement between Abu Dhabi Future Energy Company PJSC – Masdar and Samruk-Kazyna JSC, related to the development of renewable energy and battery energy storage system (BESS) projects in Kazakhstan.
Published on: 13 MAY 2025
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New WiSER podcast spotlights leaders powering a sustainable future
WiSER, a global platform co-founded by Masdar and the Zayed Sustainability Prize, has launched the Words of Wisdom podcast, to share insights and inspiration from leaders shaping the future of sustainability.
Published on: 23 DEC 2025
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EMSTEEL Strengthens Sustainability Commitment as Associate Partner of Abu Dhabi Sustainability Week
Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable progress, announced today that EMSTEEL, the UAE’s largest steel and building materials manufacturer, has agreed to support ADSW as Associate Partner.
Published on: 23 DEC 2025
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Masdar Completes First Project in £1 Billion UK Battery Storage Investment and Announces New Projects in Pipeline
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, today announced the start of commercial operations at its battery energy storage system (BESS) facility in Stockport; the first project to be completed under Masdar’s £1 billion commitment to invest in UK battery energy storage. The company will also develop two new BESS projects, in Cardiff and Chesterfield.
Published on: 17 DEC 2025
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Masdar Expands Solar and Wind Portfolio in Europe | Two Landmark Acquisitions Closed in Iberian Peninsula
Masdar, the UAE’s clean energy leader, has significantly expanded its portfolio in Europe, completing two landmark acquisitions in the Iberian Peninsula to advance its ambitious growth plans.
Published on: 23 DEC 2024
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Innovative approach enables Sheringham Shoal and Dudgeon Extension Projects to progress as a joint development
Partners have agreed to bring the two projects under a joint ownership structure in one legal entity, subject to regulatory approvals being obtained before closing. The projects are extensions to the operational Sheringham Shoal and Dudgeon Offshore Wind Farms, which currently power around 710,000 UK homes.
Published on: 17 DEC 2024
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Masdar Closes Saeta Acquisition to Strengthen Footprint in Iberian Peninsula
Masdar, the UAE’s clean energy leader, has completed the 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 1.2 billion euros (equity value of 696 million euros).
Published on: 20 DEC 2024
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RWE and Masdar’s 3-gigawatt Dogger Bank South Offshore Wind Farms Reach Key Development Milestone
RWE and Masdar have achieved a key milestone for the DBS (Dogger Bank South) Offshore Wind Farms as the Development Consent Order (DCO) application has been accepted into the UK Planning Inspectorate examination phase.
Published on: 10 JUL 2024
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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
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Masdar and TotalEnergies to Develop a Commercial Green Hydrogen to Methanol to SAF project in Abu Dhabi
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with TotalEnergies to assess the viability of developing a commercial green hydrogen to methanol to SAF (Sustainable Aviation Fuel) project.
Published on: 01 AUG 2024
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Masdar Signs Agreements With Norwegian Partners To Explore Renewable and Green Hydrogen Opportunities
Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates’ clean energy powerhouse, has signed agreements with three Norwegian companies that reinforce its longstanding collaborations with the Nordic country.
Published on: 08 OCT 2024
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Etihad Rail and Emerge Sign Landmark Solar Power Deal at Global Rail 2024
Etihad Rail, the developer and operator of the UAE National Rail Network, signed a landmark agreement with Emerge, a joint venture between Abu Dhabi Future Energy Company PJSC - Masdar and EDF Group to solarize the railway network’s freight terminal in Ghuweifat. The total installed capacity is comprised of a 600 kWp ground-mounted solar PV system in addition to a 2.56 MWh battery energy storage system (BESS), and upon completion is expected to generate up to 85% of the terminal's electricity consumption.
Published on: 11 OCT 2024
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Masdar and EMSTEEL Announce Successful Pilot Project Using Green Hydrogen to Produce Green Steel
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and EMSTEEL, the UAE’s largest publicly listed steel and building materials company, have announced the successful completion of a pilot project demonstrating the use of green hydrogen to produce green steel.
Published on: 28 OCT 2024
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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
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Daimler Truck and Masdar explore liquid green hydrogen supply options to decarbonize road freight transport in Europe
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and Daimler Truck Holding AG (“Daimler Truck”), one of the world’s leading commercial vehicle manufacturers, have signed a Memorandum of Understanding (MoU) to explore the feasibility of liquid green hydrogen exports from Abu Dhabi (UAE) to Europe by 2030.
Published on: 25 JAN 2024
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UAE-Caribbean Renewable Energy Fund Celebrates Inauguration of Hurricane-Resistant Power Plant on Antigua and Barbuda
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), announced that the hurricane-resistant power project developed by Masdar for Antigua and Barbuda to withstand even the fiercest winds, is now operational.
Published on: 11 MAR 2024
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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
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Masdar to explore the development of large-scale pumped storage hydro in Uzbekistan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed an agreement with JSC Uzbekhydroenergo, Uzbekistan’s state-owned hydroelectric power producer, to assess the feasibility of several pumped storage hydro projects in the country.
Published on: 15 MAR 2024