Masdar mobilizes USD 1.685 billion for energy projects through green bonds

Masdar has allocated the entirety of its 2023–2024 green bond issuances to solar, wind, and storage energy projects, while expanding its financial framework to include green hydrogen and batteries.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Abu Dhabi Future Energy Company PJSC – known as Masdar – announced it had deployed more than USD 1.685 billion from its green bond issuances carried out between 2023 and 2024. These funds were allocated to projects in the solar, onshore and offshore wind segments, as well as energy storage. The company specified that the full amount had been committed before December 31, 2024.

Geographic expansion and carbon efficiency of investments

The investments targeted several priority markets for the Abu Dhabi-based operator, including the United Arab Emirates, Saudi Arabia, the United States, Germany, and the United Kingdom, as well as emerging markets such as Uzbekistan, Azerbaijan, and Serbia. According to the report, each million dollars invested helps avoid an average of 3,700 tonnes of CO₂ equivalent per year, representing an estimated annual total of more than 6.28 million tonnes of emissions avoided thanks to the funded projects.

Framework revision and investor appetite

In March 2025, Masdar updated its Green Finance Framework to include new asset types such as green hydrogen and standalone battery energy storage systems. Moody’s agency subsequently confirmed the “SQS1 (Excellent)” rating in its external review, thereby validating the framework’s compliance with the Green Bond Principles and Green Loan Principles established by the International Capital Market Association (ICMA).

This revision preceded the issuance of USD 1 billion in green bonds in May 2025, which drew demand 6.6 times higher than supply. The allocation of subscribers was finalized with 85% assigned to international investors and 15% to those from the Middle East and North Africa (MENA) region.

Global deployment and external verification

Masdar’s bond program is part of a broader financing strategy, including USD 6 billion in non-recourse financing mobilized in 2024 to support the construction of 12 projects representing a cumulative capacity of 11 gigawatts across nine countries. These operations reflect the growing intensity of green debt instruments used to support large-scale energy infrastructure projects.

To ensure transparency in tracking financial commitments, Masdar appointed Ernst & Young to conduct a limited assurance review of the fund allocations and environmental indicators presented in the 2024 report.

EDF confirms it is exploring capital openings and calls for strict investment prioritisation, facing €54.3bn ($57.5bn) in debt and massive funding needs by 2040.
A consortium led by Masdar and CPP Investments proposes to acquire all of ReNew at $8.15 per share, representing a 15.3% increase over the initial offer.
In Kuala Lumpur, Huawei Digital Power unveiled its grid-forming technologies, positioned as a strategic lever to strengthen power interconnections and accelerate energy market development across ASEAN.
Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.
Ghana will receive increased backing from the World Bank to stabilise its electricity grid, as the country faces more than $3.1bn in energy debt.
Repsol has launched a pilot platform of AI multi-agents, developed with Accenture, to transform internal organisation and improve team productivity.
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.
UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.
The Nexans Board of Directors has officially appointed Julien Hueber as Chief Executive Officer, ending Christopher Guérin’s seven-year tenure at the helm of the industrial group.
JP Morgan Chase has launched a $1.5 trillion, ten-year investment initiative targeting critical minerals, defence technologies and strategic supply chains across the United States.
Amid rising global demand for low-carbon technologies, several African countries are launching a regional industrial strategy centred on domestic processing of critical minerals.
Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.
ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.
Aramco becomes Petro Rabigh's majority shareholder after purchasing a 22.5% stake from Sumitomo, consolidating its downstream strategy and supporting the industrial transformation of the Saudi petrochemical complex.
Chevron India expands its capabilities with a 312,000 sq. ft. engineering centre in Bengaluru, designed to support its global operations through artificial intelligence and local technical expertise.
Amid rising energy costs and a surge in cheap imports, Ineos announces a 20% workforce reduction at its Hull acetyls site and urges urgent action against foreign competition.
Driven by growing demand for strategic metals, mining mergers and acquisitions in Africa are accelerating, consolidating local players while exposing them to a more complex legal and regulatory environment.
Ares Management has acquired a 49% stake in ten energy assets held by EDP Renováveis in the United States, with an enterprise value estimated at $2.9bn.
Ameresco secured a $197mn contract with the U.S. Naval Research Laboratory to upgrade its energy systems across two strategic sites, with projected savings of $362mn over 21 years.
Enerflex Ltd. announced it will release its financial results for Q3 2025 before markets open on November 6, alongside a conference call for investors and analysts.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.