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UAE-based renewable energy-focused developer Masdar announced today that it has raised $750 million in its inaugural greenbond offering, with proceeds aimed at financing its buildout of new “dark green” renewable energy projects. ” Demand for the offering was strong, with the order book reaching $4.2
According to Masdar, the focus of the new project will be to help decarbonize hard-to-abate sectors, such as the aviation and maritime industries. Founded in 2006, Abu Dhabi-based Masdar develops utility scale renewable energy and green hydrogen projects around the world.
"I think one of the things that also distinguishes the pledge is a commitment to sending these market signals, the demand for the products and services that companies need to help us decarbonize." . The idea was born during MacArthur’s three-year-long "journey of discovery" around the world from 2006 to 2009. . "If
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