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Masdar Cements Major European Expansion with Completion of 100% Acquisition of TERNA ENERGY
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader and one of the world’s fastest-growing renewable energy companies, announced today that it holds 100 percent of Greece’s TERNA ENERGY SA, following the successful completion of an all-cash mandatory tender offer (MTO) and squeeze-out process for the remaining 30 percent shares of the company at a price of 20 euros per share.
Published on: 10 APR 2025
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Tadweer Group Acquires Waste-to-Energy Stake from Masdar, Entering Joint Venture with BEEAH
Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, today announced the divestment of its stake, subject to customary closing conditions, in the Sharjah Waste-to-Energy plant to Tadweer Group, a leader in unlocking the value of waste. The move also brings Tadweer Group together with BEEAH, the region’s sustainability and innovation pioneer, as joint venture partners in the Emirates Waste-to-Energy company, which owns and operates the Sharjah Waste-to-Energy plant.
Published on: 16 JUL 2025
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Masdar and Consortium Partners Achieve Financial Close for 2GW Al Sadawi Solar Project in Saudi Arabia
Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, and consortium partners GD Power and Korea Electric Power Corporation announced today they have reached financial close for the 2-gigawatt (GW) Al Sadawi solar photovoltaic (PV) project, a landmark project under the National Renewable Energy Program (NREP) which is led and supervised by the Ministry of Energy.
Published on: 19 AUG 2025
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Masdar, TotalEnergies and EPointZero Sign Framework for Action to Drive Clean Energy Access in Africa and Asia
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader, TotalEnergies and EPointZero, the decarbonization arm of 2PointZero, a transformational global investment platform, have signed a Framework for Action (FFA) agreement to drive access to clean energy in emerging markets and developing economies in Africa and Asia.
Published on: 17 FEB 2025
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Global South Utilities joins Abu Dhabi Sustainability Week 2026 as a Headline Partner
Abu Dhabi Sustainability Week (ADSW) is set to ignite a new era of global transformation as it welcomes Global South Utilities (GSU), a Resources Investment company, as its Headline Partner for 2026. This landmark collaboration unites two visionary forces at the forefront of sustainable development, amplifying ADSW’s mission to accelerate economic, social, and environmental progress on a worldwide scale.
Published on: 19 DEC 2025
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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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DEWA and Masdar reach financial closing on 1800MW 6th phase of Mohammed bin Rashid Al Maktoum Solar Park
Dubai Electricity and Water Authority (DEWA) and Abu Dhabi Future Energy Company (Masdar), announced the financial closing of the 1800-megawatt sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. The solar park’s capacity will exceed 5,000 megawatt by 2030, with investments totalling approximately AED 50 billion. This is a new milestone in promoting the use of clean and renewable energy in the UAE.
Published on: 21 FEB 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 and Silk Road Fund Sign Co-investment Agreement for Renewable Energy Projects
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and China’s Silk Road Fund (SRF) have signed a Memorandum of Understanding (MoU) to explore potential co-investment opportunities in renewable energy projects in Belt and Road Initiative (BRI) countries, primarily in the developing world and global south.
Published on: 22 NOV 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 signs Agreement with OMV to produce Green Hydrogen
Masdar, one of the world’s fastest growing clean energy companies, has signed a non-binding Heads of Terms (HoT) development agreement with OMV, the integrated company for energy, fuels & feedstock, chemicals and materials, to explore in partnership the production of green hydrogen for the decarbonization of industrial processes in OMV’s refineries.
Published on: 08 DEC 2023
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Mumtalakat and Masdar Sign MoU to Drive Clean Energy Initiatives in Bahrain
Bahrain Mumtalakat Holding Company (“Mumtalakat”), the sovereign wealth fund of the Kingdom of Bahrain and Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading renewable energy companies, announced today the signing of a Memorandum of Understanding (MoU) aimed at exploring collaboration opportunities in the development of clean and renewable energy projects in the Kingdom of Bahrain.
Published on: 07 DEC 2023
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Masdar to participate in UAE delegation to COP26
Masdar is participating in the COP26 climate change conference, starting next week in the UK, as part of the UAE’s delegation. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, is heading Masdar’s team at the event, which aims to kick off a ‘decade of action’ on climate change.
Published on: 28 OCT 2021
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Masdar participates at WETEX for sixth straight year to highlight clean-tech innovation
Masdar, one of the world’s leading renewable energy companies and a pioneer in sustainable urban development, is again participating in the Water, Energy, Technology and Environment Exhibition (WETEX), starting today at EXPO 2020 Dubai.
Published on: 05 OCT 2021
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GCC countries could generate US$200 billion from green hydrogen by 2050
GCC countries could generate as much as US$200 billion in revenue from green hydrogen by 2050, with the creation of up to 1 million jobs in the region, according to a new report.
Published on: 07 JUN 2021
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Masdar City strengthens position as regional home for innovation with arrival of Abu Dhabi’s Advanced Technology Research Council
Masdar, a global leader in sustainable innovation and development, has announced the arrival of Abu Dhabi high-tech sector drivers, the Advanced Technology Research Council (ATRC) and its two pillar entities, Technology Innovation Institute (TII) and ASPIRE, to Masdar City in the capital of the UAE.
Published on: 31 MAY 2021
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US$50m UAE-Caribbean Renewable Energy Fund awards EPC contract to build resilient clean-energy project in Dominica
The UAE-Caribbean Renewable Energy Fund (UAE-CREF), the largest renewable energy investment of its type in the region, which is fully financed by Abu Dhabi Fund for Development (ADFD), has announced the signing of an engineering, procurement and construction (EPC) contract to build a hurricane-resistant clean energy project in Dominica.
Published on: 27 MAY 2021
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Global renewable capacity expansion soars 50
Global renewable energy capacity additions reached a record level last year, exceeding expansion in 2019 by almost 50 percent, according to date from the International Renewable Energy Agency (IRENA). Worldwide, more than 260 gigawatts of renewable capacity was added last, accounting for more than 80 percent of all electricity expansion, the agency’s annual Renewable Capacity Statistics 2021 report shows.
Published on: 29 APR 2021
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Masdar’s inaugural Green Finance Framework published with highest rating
Masdar has published its inaugural Green Finance Framework (GFF) with a Sustainability Quality Score of SQS1 (Excellent) – the highest rating – from Moody’s Investors Service, its Second Party Opinion provider. This independent assessment is expected to make Masdar’s planned bond offering more attractive to debt capital market investors.
Published on: 03 MAR 2023
