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Masdar Green REIT signs green financing commitment with First Abu Dhabi Bank for growth of its portfolio
Masdar City, Masdar’s pioneering sustainable urban development in Abu Dhabi, through its Masdar Green Real Estate Investment Trust (REIT), has signed a financing commitment in the amount of USD$200,000,000, with First Abu Dhabi Bank (FAB) relating to financing of the REIT portfolio to facilitate further acquisitions and portfolio growth. FAB will act as sole mandated lead arranger and bookrunner, green loan coordinator, agent, security agent and account bank for this transaction.
Published on: 19 JAN 2022
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Masdar-EDF Renewables-Nesma consortium reaches financial close and starts construction on 300 MW solar project in Saudi Arabia
The consortium led by Masdar and EDF Renewables, both global leaders in renewable energy, and Nesma Company, announced today it has reached financial close on a 300-megawatt (MW) utility-scale photovoltaic (PV) solar power plant in Jeddah and is starting construction.
Published on: 10 APR 2021
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2020 marks start of ‘decade of action’ UAE and international policymakers declare ahead of ADSW 2020
2020 should be the start of a ‘decade of action’ to enable the world to work together to meet the United Nations’ Sustainable Development Goals, UAE ministers and senior business leaders declared today ahead of Abu Dhabi Sustainability Week (ADSW).
Published on: 06 JAN 2020
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UAE’s 20by2020 Initiative Brings Life-Changing Water Solution to Thousands in Cambodian Villages
Thousands of people across three Cambodian villages can now live safer, healthier lives following the deployment of new water purifying technology as part of the Zayed Sustainability Prize’s UAE-driven humanitarian initiative, 20by2020.
Published on: 26 OCT 2020
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Masdar expands presence in Australia with investment in Maryvale Energy from Waste project
Masdar has made its second investment in Australia after joining the Maryvale Energy from Waste (EfW) project in the state of Victoria as an equity partner.
Published on: 21 OCT 2020
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Masdar and HSBC launch exclusive virtual boardroom series at ADSW 2021
Masdar and HSBC have launched an exclusive four-part virtual boardroom series for executives leading urban developments in Latin America (LATAM), Middle East, North Africa and Turkey (MENAT), Asia-Pacific ASP and North America. The first session of the invite-only series took place during Abu Dhabi Sustainability Week 2021, the global platform for accelerating sustainable development, hosted by Masdar.
Published on: 23 JAN 2021
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Prince Albert of Monaco to deliver keynote address at Abu Dhabi Sustainability Week Summit
H.S.H Prince Albert II of Monaco, Head of State, Principality of Monaco will deliver a keynote address at Abu Dhabi Sustainability Week (ADSW), the global platform for accelerating sustainable development, hosted by Masdar, which runs from 18-21 January 2021 as a reimagined virtual event this year.
Published on: 16 JAN 2021
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WiSER Wisdom Series discusses the importance of women on corporate boards
The importance of women‘s participation in corporate boards was the key topic of discussion during the latest WiSER Wisdom Series, where Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, CEO of Alliances for Global Sustainability and Deb Frodl, Founder and Chief Executive Officer DF Strategies and WiSER Advisory Council member, provided their insights.
Published on: 25 OCT 2020
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Youth 4 Sustainability members prepare for take-off with space-focused activation
The UAE is leading the Arab region and making considerable progress in the space sector, members of the Youth 4 Sustainability (Y4S) platform heard during a series of virtual workshops and lectures focused on the space industry last week.
Published on: 05 OCT 2020
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Technology advances and investor interest driving renewables, Masdar director tells Energy & Utilities
Technological advances and a more attractive risk profile for renewable energy investments is driving the advance of the sector, Fawaz Al Muharrami, Director, Delivery, Bids and Supply Chain, Masdar Clean Energy, said in a wide-ranging video interview with Energy & Utilities.
Published on: 19 MAY 2020
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Tenth Masdar Live explores the power of innovation
The use of cutting-edge innovation and strong partnerships have together enabled our fight against the COVID-19 pandemic, Peng Xiao, CEO of G42 told Masdar employees during a virtual event.
Published on: 19 NOV 2020
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CovHack Virtual Innovation Challenge launched to help build resilience in food supply chains
Innovate4Good (I4G), an impact start-up platform, is inviting start-ups, entrepreneurs and other change makers from the MENA region and beyond to register for the CovHack Virtual Innovation Challenge. Running under the theme ‘Circular Economy for Food,’ the challenge aims to discover innovative ways of building resilience in local and global food supply chains in a post COVID-19 world.
Published on: 25 MAY 2020
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Masdar City at the heart of UAE efforts to confront COVID-19
Since the first COVID-19 cases were reported in Abu Dhabi in late January, Masdar City, the low-carbon, sustainable community built around renewable energy champion Masdar has taken on a new role – supporting the UAE’s response to the pandemic.
Published on: 04 JUN 2020
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Masdar and Atlantic Council explore opportunities for US-UAE cooperation on global clean energy deployment
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, was joined by Carlos Pascual, Senior Vice President for Global Energy at IHS Markit, during the latest episode of the Abu Dhabi Sustainability Week (ADSW) Web Series, which was held in partnership with the Atlantic Council.
Published on: 20 DEC 2020
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Masdar announces opening of Mubadala Health COVID-19 vaccination center in Masdar City
Masdar, a global leader in sustainable innovation and development, and a subsidiary of Mubadala Investment Company, has announced the opening of a COVID-19 vaccination center in Masdar City, Abu Dhabi. The new center is part of the Mubadala Health network of COVID-19 vaccination centers and supports the Ministry of Health and Prevention (MoHAP) and the Department of Health in Abu Dhabi, in implementing the UAE’s vigorous vaccination program.
Published on: 23 FEB 2021
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Masdar celebrates an impressive year of growth
As we prepare for the Masdar-hosted Abu Dhabi Sustainability Week, we look back on a year of impressive growth for Masdar and both its Clean Energy and Sustainable Real Estate portfolios. In 2019, Masdar secured its first major renewable energy project in Saudi Arabia, the Dumat Al Jandal wind farm, Saudi Arabia’s first and the Middle East’s largest wind project. In the process, we set a new record for the most competitively priced wind power.
Published on: 31 DEC 2019
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Masdar celebrates groundbreaking on Uzbekistan’s first wind farm and agrees to extend project capacity
Masdar has signed an Implementation Agreement with the Government of the Republic of Uzbekistan to extend the capacity of its utility-scale wind farm project – the first such project in Uzbekistan – to up to 1.5 gigawatts (GW).
Published on: 02 APR 2021
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Abu Dhabi Sustainability Week Summit discusses ways to achieve a sustainable post-COVID-19 recovery
In the presence of His Highness Sheikh Hazza bin Zayed Al Nahyan, Vice President of the Abu Dhabi Executive Council, the Abu Dhabi Sustainability Week Summit got underway this morning as part of ADSW 2021, the global platform for accelerating the pace of sustainable development. Hosted by Masdar, the event is being held virtually this year due to restriction in place to manage the COVID-19 pandemic.
Published on: 19 JAN 2021
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Masdars Sustainability Ambassadors present winning solution
Members of the Sustainability Ambassadors, part of Youth 4 Sustainability, one of Masdar’s strategic initiatives, have placed first in the CovHack Innovation Challenge, a virtual hackathon engaging young people in finding viable solutions for food security post-COVID-19.
Published on: 22 JUL 2020
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Masdar’s Youth 4 Sustainability platform launches Ecothon Innovation Challenge on the circular economy
Masdar’s Youth 4 Sustainability (Y4S) platform has launched the fifth edition of its Ecothon Innovation Challenge under the initiative’s Future Sustainability Leaders (FSL) program, to develop circular economy solutions to tackle waste.
Published on: 09 MAR 2021