Tag: Masdar

TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in Asia

Stuart Mitchell

TotalEnergies, a global integrated multi‑energy company, and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a binding agreement to establish a $2.2bn 50/50 joint venture (JV) that will merge their onshore renewable activities in nine countries across Asia. As electricity demand accelerates across Asia, this partnership brings together capital and expertise to deliver renewable energy at the scale and speed required. Once the transaction is closed, the JV will act as both companies’ sole vehicle for developing, building, owning and operating onshore solar, wind…

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Octopus and Masdar forge strategic pact to turbocharge clean energy systems in the UK and Africa

Stuart Mitchell

Octopus Energy, the global energy tech disruptor, has signed two Memoranda of Understanding (MOUs) with Abu Dhabi Future Energy PJSC – Masdar, a global clean energy leader, for initiatives in the UK and Africa. Octopus and Masdar will look to work together to free up hidden capacity across the UK’s distribution network to power the next generation of data centres. The companies signed the agreements during Abu Dhabi Sustainability Week in the UAE. The UK is facing an unprecedented crunch on grid connections, with renewable energy projects often waiting years…

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Masdar Raises USD1 Billion Through Second Green Bond to Fund New Global Renewables Projects

Stuart Mitchell

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, recently announced it has successfully raised USD1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of USD750 million on the International Securities Market of the London Stock Exchange. The issuance comprises dual tranches of US$500 million each, with tenors of 5 and 10 years and coupons of 4.875% and 5.25% respectively. There was strong appetite from regional and international investors with the…

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Daimler Truck and Masdar explore liquid green hydrogen supply options to decarbonize road freight transport in Europe

Stuart Mitchell

Masdar, the UAE’s clean energy powerhouse, and Daimler Truck Holding AG (“Daimler Truck”), one of the world’s leading commercial vehicle manufacturers, have signed a Memorandum of Understanding (MoU) to explore the feasibility of liquid green hydrogen exports from Abu Dhabi (UAE) to Europe by 2030. The MoU was signed in Abu Dhabi by Fawaz Al Muharrami, Executive Director of Clean Energy and Deputy COO at Masdar and Martin Daum, Chairman of the Board of Management and CEO of Daimler Truck.  The collaboration between the two pioneering companies with complementary roles…

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Masdar celebrates the work of Emirati Women sustainability champions

Stuart Mitchell

Masdar is honoring the outstanding achievements and invaluable contributions of remarkable Emirati women who are working to build a sustainable future for all. A new campaign, launched by Masdar in celebration of Emirati Women’s Day, features prominent Emirati sustainability pioneers who are at the forefront of the UAE’s global sustainability mission, alongside several young Emirati women who are set to be amongst the next generation of sustainability leaders. The campaign also spotlights the work of WiSER (Women in Sustainability, Environment and Renewable Energy), Masdar’s global platform that champions women as…

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