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UAE’s first waste-to-energy project receives landmark award for first-of-its-kind financing loan
Bee’ah, the Middle East’s sustainability pioneer, and Masdar, the Abu Dhabi Future Energy Company, were recognized as the winners of the Structured Loan Deal of the Year Award at the Bonds, Loans & Sukuk Middle East Awards for their financing of the UAE’s first waste-to-energy project. The award was presented during a ceremony held on the 6th of November 2018, as part of the prestigious Project, ECA & Structured Finance Conference conducted in Dubai.
Published on: 10 NOV 2018
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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 Signs Region’s First Green Revolving Credit Facility to Drive Sustainability Goals
Abu Dhabi; September 2018 - Masdar, Abu Dhabi Future Energy Company, has signed a green revolving credit facility (RCF) with four local and international banks to provide funding for new and ongoing investments in its global clean technology and sustainable real estate projects.
Published on: 10 OCT 2018
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Masdar City marks Chinese New Year
The Masdar City podium will be filled with festive decorations as visitors enjoy dragon-puppet-making, lantern-making and more. Masdar City visitors are also invited to decorate a new-year-themed Wishing Tree. According to Chinese tradition, all their wishes will be granted!
Published on: 17 FEB 2018
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Masdar and Korea Energy Agency to explore renewable energy collaboration and investment
Masdar announced the signing of a memorandum of understanding (MoU) with the Korea Energy Agency (KEA) for renewable energy collaboration and investment between the Republic of Korea and the United Arab Emirates (UAE).
Published on: 26 MAR 2018
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Ethiopian Prime Minister Dr Abiy Ahmed Visits Masdar City
His Excellency Dr Abiy Ahmed, Prime Minister of Ethiopia, visited Masdar City in Abu Dhabi on Saturday. He was received by a delegation led by HE Dr Sultan Al Jaber, Minister of State and Chairman of Masdar (Abu Dhabi Future Energy Company); Mohamed Jameel Al Ramahi, CEO of Masdar; Yousef Baselaib, Masdar’s Executive Director for Sustainable Real Estate; and Bader Al Lamki, Masdar’s Executive Director for Clean Energy.
Published on: 19 MAY 2018
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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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Zayed Sustainability Prize 2020 submissions up 13 per cent
Following its 11th annual awards ceremony, held in January, the Zayed Sustainability Prize, the UAE's pioneering global award in sustainability, entered a four-month submissions phase for the 2020 awards, which closed on 30th May with a record 2,373 completed submissions; a 13 per cent increase over the previous year.
Published on: 26 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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A SHARED AMBITION OF SUSTAINABILITY
Saint-Gobain designs, manufactures and distributes materials and solutions which are key ingredients in the well-being of each of us and the future of all. They can be found everywhere in our living places and our daily life: in buildings, transportation, infrastructure and in many industrial applications.
Published on: 12 MAY 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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Masdar Signs Cooperative Framework with Energias de Portugal
Masdar today signed a framework agreement with Energias De Portugal (EDP), Portugal’s largest utility company, to explore opportunities to deploy large-scale renewable energy projects and promote renewables as source of foreign aid. The agreement was signed by Jorge Cruz Morais, director-general of EDP Internacional and H.E Dr. Sultan Al Jaber, CEO of Masdar, during the seventh World Future Energy Summit, a global platform that addresses the future of renewable energy and sustainable development in the Middle East and the world.
Published on: 21 JAN 2014
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Masdar Institute Establishes iMicro to Serve Abu Dhabi’s Emerging Semiconductor Ecosystem
Masdar Institute of Science and Technology, an independent, research-driven graduate-level university focused on advanced energy and sustainable technologies, today announced the creation of its Institute Center for Microsystems (iMicro) that will serve as a research and development hub for Abu Dhabi’s emerging semiconductor ecosystem.
Published on: 09 MAR 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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Masdar Signs MOU with JBIC to Accelerate Renewable Energy Technologies
Masdar today signed a memorandum of understanding (MOU) with the Japan Bank for International Cooperation (JBIC) that will see the two parties work together in identifying, financing and executing renewable energy projects around the world. The agreement was signed by H.E Dr. Sultan Al Jaber, Minister of State and CEO of Masdar, and JBIC Governor, CEO, Hiroshi Watanabe. The signing took place in the presence of His Highness General Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces and Japanese Prime Minister, Shinzo Abe.
Published on: 25 FEB 2014
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Energy collaboration discussions between UAE and Kingdom of Saudi Arabia hosted at Masdar City
A delegation of senior government and business leaders from the Kingdom of Saudi Arabia was yesterday given a tour of Masdar City, before taking part in high-level discussions aimed at supporting knowledge transfer and collaboration on energy programmes.
Published on: 13 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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PT Pembangkitan Jawa-Bali and Masdar sign PDA for 200MW floating solar PV Plant
Indonesian power company PT Pembangkitan Jawa-Bali (PT PJB), a subsidiary of the state electricity company Perusahaan Listrik Negara (PLN), and Masdar, Abu Dhabi Future Energy Company, signed today a project development agreement (PDA) for the world’s largest floating solar photovoltaic (PV) power plant.
Published on: 27 NOV 2017
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Electric Vehicle Road Trip sets off from World Future Energy Summit
The World Future Energy Summit, part of Abu Dhabi Sustainability Week, was the launch platform today for the 2018 Electric Vehicle Road Trip (EVRT), in the presence of His Excellency Suhail Al Mazrouei, Minister of Energy and Industry.
Published on: 18 JAN 2018