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MASDAR ALLOCATES OVER $1.685 BILLION OF GREEN BOND PROCEEDS

Gulf News

|

August 21, 2025

Allocation outlined in its 2024 Green Finance Report published earlier this week

MASDAR ALLOCATES OVER $1.685 BILLION OF GREEN BOND PROCEEDS

Abu Dhabi Future Energy Company PJSC (Masdar), a global clean energy leader, published its 2024 Green Finance Report earlier this week, outlining the renewable energy projects financed by Masdar's green bond issuances and impacts achieved.

More than $1.685 billion in green bond proceeds from 2023 and 2024 issuances were allocated as of December 31, to new solar, onshore and offshore wind, and energy storage projects. These deployments are catalysing the development of clean energy across the UAE, Saudi Arabia, the US, Germany and the UK, as well as markets such as Uzbekistan, Azerbaijan and Serbia.

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