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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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Khaled Abdulla Al Qubaisi highlights the importance of resilience during third Masdar Live
Masdar today hosted the third edition of Masdar Live, a virtual town hall event for employees. Today’s event featured Khaled Abdulla Al Qubaisi, Chief Executive Officer, Aerospace, Renewables & Information Communications Technology (ICT) at Mubadala, who updated employees on activities across the platform, reflected on the year so far and looked ahead towards the future.
Published on: 11 JUN 2020
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Join Masdar’s Y4S platform for summer sustainability workshops for youth
Masdar’s Youth 4 Sustainability strategic initiative is participating in workshop programs led by the UAE’s Ministry of Education and Ministry of Culture and Youth and Abu Dhabi’s Department of Education and Knowledge.
Published on: 11 AUG 2020
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Masdar and PT PJBI form joint venture to drive development of Indonesia’s first floating solar power plant
Masdar and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project.
Published on: 17 DEC 2020
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Masdar signs landmark agreements to develop 4 GW-capacity green hydrogen plants in Egypt by 2030
Masdar, one of the world’s leading renewable energy companies, and Hassan Allam Utilities, the investment and development arm of Hassan Allam Holding Group, announced today that they have signed two Memorandums of Understanding with leading Egyptian state-backed organizations to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone and on the Mediterranean coast.
Published on: 24 APR 2022
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Growth of renewables in the Middle East in the spotlight at Milken Institute summit
Masdar’s Chief Financial Officer, Niall Hannigan, joined more than 1,000 global thought leaders, government officials and business leaders at the recent Milken Institute’s 2020 Middle East and Africa Summit in Abu Dhabi.
Published on: 24 FEB 2020
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HE Suhail Al Mazrouei predicts a dominant role for renewables in the future
The seventh edition of Masdar Live saw His Excellency Suhail Al Mazrouei, Minister of Energy and Infrastructure, share his insights about the current fossil fuel economy and his hopes for the energy economy of the future.
Published on: 30 AUG 2020
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Masdar discusses the importance of green construction for a sustainable future during webinar hosted by TENDERD
Masdar has participated in a webinar focussed on the importance of green construction practices in contributing toward a more sustainable future. Hosted by TENDERD, a technology start-up from Silicon Valley based in Dubai, the webinar was led by speakers H.E. Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade, United Arab Emirates, Mr. Abdulla Balalaa, Acting Executive Director, Sustainable Real State at Masdar City, and Mr. Arjun Mohan, Founder and CEO at TENDERD.
Published on: 11 NOV 2020
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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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Masdar is dedicated accelerating sustainable development
Masdar is dedicated to a low-carbon recovery post-COVID-19, according to Yousif Al Ali, Executive Director, Clean Energy.
Published on: 09 JUN 2020
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Masdar Empowers Next Generation of Global Sustainability Leaders to Innovate Climate Solutions at COP27
Masdar, one of the world’s fastest-growing clean energy companies, and its global Youth 4 Sustainability (Y4S) initiative convened global industry leaders, regional policymakers, students and young professionals for a series of events to empower youth climate engagement and action on the sidelines of the 2022 United Nations (UN) Climate Change Conference (COP27).
Published on: 17 NOV 2022
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Masdar leads initiative to support development of Abu Dhabi’s green hydrogen economy
Masdar, one of the world’s leading renewable energy companies, announced today that it is joining forces with Abu Dhabi Department of Energy, Etihad Airways, Lufthansa Group, Khalifa University of Science and Technology, Siemens Energy, and Marubeni Corporation in an initiative designed to support the development of Abu Dhabi’s green hydrogen economy.
Published on: 18 JAN 2021
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Masdar more than doubles clean energy capacity over 2 years generating enough electricity to power over 4 million homes
Masdar has released its 2020 Annual Sustainability Report that revealed it more than doubled its clean energy capacity over two years to generate enough electricity to power over four million homes. The capacity of the renewable energy projects that Masdar is a partner in has risen to over 10.7 GW in 2020 from 4 GW in 2019, with the company’s global operating clean energy portfolio displacing close to 6.5 million metric tons of CO2 annually.
Published on: 20 JAN 2021
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Masdar participates in webinar for regional sustainable aviation fuel initiative
The UAE is well-positioned to produce hydrogen sustainably, participants of the Sustainable Aviation Fuels Initiative for the United Arab Emirates (SAFI-UAE) webinar series heard.
Published on: 20 SEP 2020
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Youth 4 Sustainability workshop explores the power of Artificial Intelligence
Artificial Intelligence will provide job opportunities and help people rather than compete with them, participants of a Youth 4 Sustainability (Y4S) workshop heard last week. The workshop, hosted by Y4S, one of Masdar’s strategic initiatives, explored the concept of Artificial Intelligence (AI), how the UAE is applying the technology and applications of AI in future employment.
Published on: 20 SEP 2020
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Masdar launches new sustainable city report
Masdar, in collaboration with The National newspaper, has released a new report, titled People and spaces: the role of urban green spaces in cultivating innovation, sustainability and health and well-being in Arab cities.
Published on: 24 FEB 2020
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Retrofitting existing buildings: a crucial step to net zero
A report by The Intergovernmental Panel on Climate Change (IPCC) last year highlighted that drastic and far reaching action is necessary to limit global temperature rise to 1.5 degrees Celsius – a threshold to avoid the worst impacts of climate change.
Published on: 25 SEP 2019
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Ecothon Plus competition winners announced at the World Energy Congress
Masdar has awarded the winners of the Ecothon Plus competition at the World Energy Congress in Abu Dhabi. The competition was held as part of Masdar’s Future Sustainability Leaders programme. In collaboration with the UAE Emirates Red Crescent, the Ecothon aimed to provide energy-efficient solutions for the UAE-Jordanian Refugee Camp in Marajeeb Al Fhood, Jordan. The camp is operated by Emirates Red Crescent Society and provides humanitarian aid to over 4,000 refugees.
Published on: 13 SEP 2019
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Securing the UAE's food supply for future generations
The global COVID-19 pandemic has intensified the threat of food security worldwide, with the United Nations World Food Programme (UN WFP) forecasting that more than a quarter of a billion people will face food poverty by the end of 2020.
Published on: 27 MAY 2020
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Shams – A journey from heritage to energy
Abu Dhabi’s Al Dhafra region is a source of great pride for the UAE. It represents the roots of the country’s Bedouin heritage, with its desert sands inspiring many a poem and captivating many an explorer.
Published on: 30 MAR 2021
