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Alandalus Property Company Partners with Emerge to Advance Solar Power Initiatives
Alandalus Property Company has signed an agreement with Emerge, a leading renewable energy solutions provider and joint venture between Masdar and EDF Group, to provide solar power to three of its major commercial properties in Riyadh and Jeddah.
Published on: 04 MAR 2025
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Saeta Yield Closes €340 million Refinancing in Portugal and Secures €200 Million Corporate Credit Facility to Fund Next Phase of Growth
Saeta Yield, a Masdar company, today announced it has successfully closed the €340 million refinancing of clean energy assets in Portugal, and has secured a €200 million RCF in Spain, as it looks to grow its project footprint and execute its expansion strategy.
Published on: 18 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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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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bp Joins Forces with Masdar, Hassan Allam Utilities and Infinity Power to Explore Green Hydrogen Development in Egypt
bp has entered into a Joint Development Agreement (JDA) to join the existing consortium comprising of Masdar, Hassan Allam Utilities and Infinity Power to explore the potential development of a multi-phase green hydrogen (gH2) project in Egypt.
Published on: 01 JUL 2024
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SNOC and Emerge Break Ground on Largest Solar Plant in Sharjah
The Emirate of Sharjah oil and gas industry leader, Sharjah National Oil Corporation (SNOC), and Emerge Limited, a joint venture between Masdar and the EDF Group, celebrated a significant milestone today with the groundbreaking ceremony for the largest solar installation in Sharjah to date.
Published on: 08 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 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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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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EDF Group and Masdar-Led Consortium Achieves Financial Close on its Multi-Utilities Infrastructure Facility at AMAALA Tourism Destination In KSA
The consortium led by EDF Group and Masdar, alongside their partners Korea East-West Power Co. (EWP) and SUEZ, announced today that it has reached the financial close for its multi-utilities infrastructure facility at AMAALA. The overall project build cost is approximately 1.5 billion USD. Developed by Red Sea Global, AMAALA is a new destination with wellness at its core, nestled along the Red Sea coast of the Kingdom of Saudi Arabia and expected to start welcoming guests in 2025.
Published on: 31 OCT 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
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Masdar to Acquire 50% Stake in Terra-Gen from Energy Capital Partners
Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the United Arab Emirates’ clean energy powerhouse, today announced that it has signed a definitive agreement to acquire a 50 percent stake in Terra-Gen Power Holdings II, LLC (“Terra-Gen”), one of the largest independent renewable energy power producers in the United States, from Energy Capital Partners (“ECP”).
Published on: 19 MAR 2024
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Masdar, SOCAR Green and ACWA Power Sign MoU to Explore the Development of 3.5GW of Offshore Wind Projects in the Republic of Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, and Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, to develop 3.5 gigawatts (GW) of offshore wind projects in the Azerbaijan section of the Caspian Sea.
Published on: 14 NOV 2024
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Masdar and SOCAR Green Achieve Financial Close for 760MW of Solar Projects in Azerbaijan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and SOCAR Green, a wholly-owned subsidiary of SOCAR dedicated to sustainable projects, have reached financial close for the 445MW Bilasuvar and 315MW Neftchala solar projects in Azerbaijan.
Published on: 17 NOV 2024
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Masdar and Infinity Power sign agreement for 200MW wind farm in Ras Ghareb
The UAE’s clean energy powerhouse, Masdar, and Infinity Power, have officially signed a Power Purchase Agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) to deliver a long-term supply of renewable energy generated by a landmark onshore wind project, located in Ras Ghareb, Gulf of Suez region.
Published on: 19 AUG 2024
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Development consent granted for UK Dudgeon extension project
Masdar together with its partners Equinor and China Resources Power has received consent from the UK Government to extend the 402MW Dudgeon offshore wind project.
Published on: 20 APR 2024
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How Masdar’s solar plant brings hope to Barbuda’s Hurricane victims
Our new Power to Change film takes us to the Caribbean Island of Barbuda, where we meet communities on the front lines of rebuilding their lives in the wake of Hurricane Irma, the Category 5 hurricane that destroyed 95 percent of the island on September 6, 2017.
Published on: 28 MAY 2024
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Masdar’s Youth 4 Sustainability Announces COP28 Program to Empower Next Generation of Climate Leaders
Under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Youth 4 Sustainability (Y4S), a Masdar initiative, will host a dedicated program of youth-focused activities and events at COP28 in Expo City, Dubai, from November 30 to December 12. The Y4S program promotes meaningful, youth-led action on sustainable development and climate change, while amplifying the voices of future sustainability leaders.
Published on: 04 DEC 2023
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Masdar signs Agreements for 1GW Wind and potential Green Hydrogen Plant in Jordan
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a joint development agreement with the Jordanian Ministry of Energy and Mineral Resources to develop a 1 gigawatt (GW) wind project with a battery energy storage system (BESS), and a memorandum to explore the feasibility of establishing a green hydrogen plant.
Published on: 05 DEC 2023
