Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe

Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and received all regulatory approvals. The deal, agreed at a price of 20 euros per share, valued TERNA ENERGY at an enterprise value of 3.2bn euros, representing the largest ever energy transaction on the Athens Stock Exchange, and one of the largest in the EU renewables industry.

President of Uzbekistan inaugurates 500MW Zarafshan wind farm, largest in Central Asia

The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, has inaugurated the 500MW Zarafshan wind farm, the largest operating in Central Asia to date, developed by Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies.

Innovative approach enables Sheringham Shoal and Dudgeon Extension Projects to progress as a joint development

Partners have agreed to bring the two projects under a joint ownership structure in one legal entity, subject to regulatory approvals being obtained before closing. The projects are extensions to the operational Sheringham Shoal and Dudgeon Offshore Wind Farms, which currently power around 710,000 UK homes.

Solomon Islands Solar PV Plant

The one megawatt plant, which was expanded from 600kW following a grant from the New Zealand Ministry of Foreign Affairs and Trade, bolster energy resilience and reduce costs associated with diesel imports

ZSP

The Zayed Sustainability Prize is the UAE’s pioneering global award recognizing and rewarding SMEs, NPOs, and high schools with sustainable solutions.

ADNOC Distribution Partners with Emerge to Power Abu Dhabi Stations with Solar Energy, Advancing Sustainability and Operational Efficiency

ADNOC Distribution (ISIN: AEA006101017) (Symbol: ADNOCDIST), the UAE’s largest mobility and convenience retailer, announced today the launch of the second phase of its service station solarization program in collaboration with Emerge, a joint venture between Masdar and the EDF Group.

Emerge announces two new agreements and a project inauguration, building on local presence after a record-breaking year

Emerge, a joint venture between UAE’s Masdar and France’s EDF Group, has bolstered its project pipeline and is continuing strong year-on-year growth.

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.

Power to Change

Discover how Masdar is a source of hope, power, and change for people and communities around the world.

Raphael Barreau

As Chief Investment Officer at Masdar, Raphaël Barreau brings over two decades of distinguished international experience in the energy and infrastructure sectors.

Nahdi and Emerge Partner to Power IMDAD with Rooftop Solar in Support of Saudi Vision 2030 Renewable Energy and Sustainability Goals

In line with the ambitious sustainability targets of Saudi Vision 2030 and contributing actively to the goals of the Saudi Green Initiative, Nahdi Medical Company, the largest retail pharmacy chain in Saudi Arabia, has announced a new partnership with Emerge, a joint venture between Masdar and the EDF Group. The partnership aims to develop a 3 megawatt-peak (MWp) rooftop solar installation to power IMDAD, Nahdi’s Distribution Center.

AI and Energy for a Sustainable Future POWERING POSSIBLE

Toshka

The Toshka Solar Power Plant located in Egypt provides power for the large-scale operations of an agriculture company

Y4S

A Masdar global initiative that empowers the next generation of sustainability leaders.

Nur-Bukhara PV

In April 2023, Masdar signed a Power Purchase Agreement (PPA) and Government Support Agreement (GSA) with the government of the Republic of Uzbekistan to design, finance, build and operate the Nur Bukhara 250MW solar and 63MW/126MWh battery storage project.

President of Uzbekistan Inaugurates Nation’s First Utility-Scale Solar and Battery Storage Project

The President of the Republic of Uzbekistan, His Excellency Shavkat Mirziyoyev, inaugurated the Nur Bukhara project, the country’s first utility-scale integrated solar and battery project, developed by Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader.

Welkin Road Stockport

The Welkin Road battery energy storage system (BESS) plant is situated in Stockport on a previously industrialized site, conforming to Masdar Arlington Energy’s strategy to house projects on land in need of redevelopment and regeneration. The 20MW/40Mwh plant will power 10,000 homes per day based upon two cycles per day. It is expected to become operational in Q2 2025.

Indonesia

Masdar is a catalyst for renewable energy and sustainability in Southeast Asia.

Singapore

Masdar is a leader in sustainable solutions, driving green initiatives in Singapore.

Masdar Completes the Acquisition of Valle Solar, One of the Largest Solar Projects in Spain’s Valencia Region

Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today the investment through its subsidiary Saeta of one of the largest solar PV projects in Spain’s Valencia region, Valle Solar. This landmark project, initially promoted by the joint venture of Genia Solar Energy and Solar Ventures, is the next step in Masdar's commitment to expansion in Spain, driving growth across the renewable energy sector.