UAE’s Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion

TAQA, ADNOC, and Mubadala acquired stakes in Masdar

June 23, 2022

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Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC), and Mubadala Investment Company have entered into binding agreements to acquire a stake in Abu Dhabi Future Energy Company (Masdar), a UAE-based clean energy company.

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Vijayalakshmi Sridhar

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UAE’s Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion

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