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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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The EDF Renewables-Masdar consortium awarded the Dumat Al Jandal (400 MW) wind project in Saudi Arabia
Paris, January 10th 2019 – The consortium consisting of EDF Renewables and Masdar (Abu Dhabi Future Energy Company PJSC), both global leaders in renewable energy, is announcing that it has won the tender for the Dumat Al Jandal wind farm.
Published on: 10 JAN 2019
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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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Arjun Infrastructure Partners acquires Enviromena Power Systems
Enviromena Power Systems (Enviromena), a portfolio company of Masdar, Abu Dhabi Future Energy Company, has been successfully acquired by Arjun Infrastructure Partners (AIP). AIP is a UK-based independent infrastructure investment advisory company. It partners with institutional investors, mainly pension plans, to access direct infrastructure investments.
Published on: 28 NOV 2017
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Financing commitments mark critical milestone in development of Bee’ah’s and Masdar’s Sharjah waste-to-energy facility
Abu Dhabi Future Energy Company, Masdar, and Bee’ah, the UAE’s leading environmental management company, have secured financing commitments for the Sharjah Multi-Fuel Waste-to-Energy Facility, the flagship project of Emirates Waste to Energy, a joint venture between the two companies launched in May 2017.
Published on: 17 JAN 2018
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Masdar joint venture Hywind Scotland exceeds operational milestones in first three months
Abu Dhabi, UAE, February 15, 2018: As the UAE celebrates Innovation Month in February, the developers of Hywind Scotland, the world’s first commercial-scale floating wind farm, have reported better than expected results in the first three months of the project’s operations, with cutting-edge technology playing an important role.
Published on: 14 FEB 2018
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Masdar and Costa Rican Electricity Institute to advance renewable energy development
Masdar (Abu Dhabi Future Energy Company) and the Costa Rican Electricity Institute (Instituto Costarricense de Electricidad, or ICE) have announced a collaboration to promote renewable energy development.
Published on: 24 APR 2018
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Masdar participates in Armenian Summit of Minds
Yousif Al Ali, Acting Executive Director, Clean Energy, and Yousef Baselaib, Executive Director, Sustainable Real Estate, represented Masdar during the Armenian Summit of Minds held this week in the town of Dilijan and hosted by Armenian President Armen Sarkissian.
Published on: 12 JUN 2019
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Brazilian Minister of Environment visits Masdar City
HE Ricardo Salles, Brazilian Minister of Environment, and an accompanying delegation visited Masdar City, where they were briefed on the latest developments taking place at the city and learned more about Masdar’s worldwide Clean Energy portfolio.
Published on: 13 JUN 2019
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Government delegations visit Masdar City
Five high-level government delegations visited Masdar City on the sidelines of this week’s Abu Dhabi Climate Meeting, where they learned more about Masdar’s strategic platforms and Clean Energy portfolio.
Published on: 02 JUL 2019
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Energy-Saving Project Awarded to Future Rehabilitation Centre
Masdar and First Abu Dhabi Bank (FAB) are celebrating the Year of Tolerance in the UAE by helping an Abu Dhabi-based school for people of determination to drastically reduce its electricity and water bills.
Published on: 03 JUL 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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World Champion Tokai University Solar Car Makes Test Drive at Masdar City
The Tokai University Solar Car, winner of the prestigious 2012 World Solar Challenge in Australia and other global solar car races, was on display at Masdar City today. The car was on show as part of The Festival at Masdar City – a two-day celebration of sustainability for the community, which ends this year’s Abu Dhabi Sustainability Week.
Published on: 23 JAN 2014
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UAE to Host High-Level Meeting in May Leading up to the UN Secretary-General’s Climate Summit
A special two-day high- level meeting will be held from 4-5 May in Abu Dhabi, United Arab Emirates, to encourage announcements of greater action and ambition by world leaders at the Secretary-General’s Climate Summit in September, UN Secretary-General Ban Ki-moon and United Arab Emirates Minister of State and Special Envoy for Energy and Climate Change, Dr. Sultan Al Jaber, announced today.
Published on: 04 FEB 2014
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Impending High-Level Visits from Ireland Aim to Strengthen Trade Ties with UAE
Recent and upcoming visits of high-level delegations between the UAE and Ireland strongly illustrate the historic links between the two countries, as well as the increasing volume of two-way trade and the willingness to strengthen relations further, according to His Excellency Patrick Hennessy, Irish Ambassador to the UAE.
Published on: 05 MAR 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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The Festival at Masdar City takes sustainability into the community for fourth straight year
The Festival at Masdar City attracted its biggest crowds ever as this year’s Abu Dhabi Sustainability Week drew to a successful close this weekend. Visitors enjoyed a fun-packed weekend of family-themed games, activities and live entertainment, as well as stalls selling arts, handicrafts and souvenirs, and delicious food and treats.
Published on: 20 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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Economic Cities Authority and Masdar to establish cooperation to advance Saudi Economic Cities
The Economic Cities Authority (ECA), Kingdom of Saudi Arabia (KSA), signed a memorandum of understanding (MoU) with Masdar, Abu Dhabi Future Energy Company, aiming to cooperate on projects and services to progress the Saudi Economic Cities initiative and in turn advance the strategic objectives of both parties.
Published on: 17 JAN 2018
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Masdar City Hosts photography exhibition in collaboration with the Netherlands Embassy
The Netherlands Embassy in the UAE in association with Masdar is hosting a photography exhibition at the Masdar City Eco-Villa highlighting the effects of climate change until February 16th 2018.
Published on: 29 JAN 2018
