Masdar, a renewable energy company based in Abu Dhabi, has successfully completed its first green bond issuance of $750 million on the London Stock Exchange. The issuance, which was more than five times oversubscribed, marks a major milestone in Masdar’s journey as a leader in renewable energy.
The green bond issuance will enable investment in renewable energy projects, particularly in developing economies and climate-vulnerable countries. This is a significant step towards Masdar’s goal of reaching a 100GW portfolio by 2030.