Masdar’s Green Bond Issuance a Major Milestone for Renewable Energy
<p>Masdar, a renewable energy company based in Abu Dhabi, has successfully completed its <a href="https://www.energyportal.eu/news/masdar-marks-roadmap-to-us3-billion-green-bond-offering-at-london-stock-exchange-2/133901/" rel="noopener ugc nofollow" target="_blank">first green bond issuance of $750 million on the London Stock Exchange</a>. The issuance, which was more than five times oversubscribed, marks a major milestone in Masdar’s journey as a leader in renewable energy.</p>
<p>The green bond issuance will enable investment in <a href="https://www.un.org/en/climatechange/what-is-renewable-energy#:~:text=Renewable%20energy%20is%20energy%20derived,plentiful%20and%20all%20around%20us." rel="noopener ugc nofollow" target="_blank">renewable energy</a> 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.</p>
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