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Masdar and Silk Road Fund Partner to Invest USD 2.8 Billion in Renewable Energy Projects
Nov 26, 2024•over 1 year ago
Contract Type
partnership
Abu DhabiEnergyRenewable Energy
Description
Masdar and China’s Silk Road Fund have signed a strategic partnership to co-invest up to USD 2.8 billion in renewable energy projects across Belt and Road Initiative countries, advancing sustainable energy transitions in emerging markets.
Company Information
Company
Abu Dhabi Future Energy Company PJC – Masdar
Location
Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
About
Masdar is a global clean energy leader and one of the world’s largest developers and operators of renewables. The company focuses on sustainable and renewable energy projects, contributing to cleaner power solutions. Masdar targets expansion across the Iberian Peninsula and Europe, aiming for a global portfolio capacity of 100GW by 2030. Their innovative approach emphasizes performance and long-term asset value.
Abu DhabiEnergyRenewable Energy