Browsing: Masdar

Masdar’s new deals announced at the UAE-Norway Investment Forum are a key step in expanding its renewable energy collaborations in the Nordic region

Masdar expands global clean energy capacity by 58% in 2023, reaching 31.5GW, with major projects spread across 40 countries

The deal aims to expand Masdar’s global renewable energy footprint, focusing on key regions that are vital for the global energy transition

The deal is one of Masdar’s largest to date, and was finalised in partnership with Energy Capital Partners (ECP), and Igneo Infrastructure Partners

Mohamed Jameel Al Ramahi, CEO of Masdar, says that with its strategic location and growing commitment to sustainability, Serbia has positioned itself as a key player in the region’s energy transition.

The acquisition paves the way for Masdar to expand its renewable energy portfolio in the Iberian Peninsula

The financial package to Masdar includes a $160 million non-recourse loan, provided by UniCredit and Erste Bank

Saeta Yield, which operates renewable energy assets in Spain and Portugal, is estimated to have a valuation of approximately $1.7 billion

The shortlist includes Saudi Arabia’s ACWA Power, Japan’s Sumitomo and Itochu, France’s TotalEnergies and EDF, and UAE’s Masdar

The project by Scatec will combine solar power generation with battery storage to boost Egypt’s clean energy capacity and vision