Masdar, a global leader in renewable energy solutions, announced its intention to issue green bonds worth between $750 million and $1 billion during the year 2024. This strategic step comes within the framework of Masdar’s efforts to enhance its ambitious plans for global expansion and strengthen its position. Leader in clean energy.

This deal is the second green bond issuance by Masdar. The company successfully completed its first sale of green bonds worth $750 million last year, and these green bonds contribute to financing Masdar’s ambitious plans to expand globally and acquire stakes in clean energy projects with a capacity of 100 gigawatts by 2030.

Masdar has a proven track record of achievements in the field of clean energy. It currently owns shares in renewable energy projects in operation or under construction, or has signed agreements to supply electricity with a total capacity of 20 gigawatts, and there are other projects with a capacity of 20 gigawatts in advanced planning stages.

Bruce Johnson, Director of Finance and Treasury at Masdar, said: “With markets heading towards upward trends, we look forward to issuing new green bonds this year to support our ambitious clean energy expansion plans.”

Masdar’s plans to issue green bonds represent an important step in the company’s journey towards strengthening its leadership in the field of clean energy. This step contributes to financing the company’s ambitious expansion plans, enhancing its efforts to achieve sustainability, and supporting the transition towards a clean and sustainable energy future at the regional and global levels.