Masdar Raises $1 Billion via Green Bond for Renewable Energy Projects

Monday, 22 July 2024, 07:52

Masdar has successfully issued a green bond, attracting a significant investment of $1 billion aimed at financing renewable energy projects. The issuance reflects considerable interest, with 70% of the investment coming from international investors and 30% from the MENA region. This move not only emphasizes the growing commitment to sustainable finance but also positions Abu Dhabi as a key player in the global green energy landscape. With this funding, Masdar aims to expand its portfolio of renewable projects significantly.
Yahoo Finance
Masdar Raises $1 Billion via Green Bond for Renewable Energy Projects

Overview of Masdar's Green Bond Issuance

Masdar has raised $1 billion through a new green bond issuance to finance various renewable energy projects. This financial endeavor highlights the increasing enthusiasm for sustainable investing.

Investor Interest Breakdown

  • 70% of funds were invested by international investors.
  • 30% originated from the MENA region.

Conclusion

This green bond issuance not only underscores Masdar's role in promoting renewable energy but also showcases Abu Dhabi's growing significance in the global finance arena for sustainable projects.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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