Masdar City will continue to remain under Mubadala’s ownership
UAE firms take stakes in Masdar renewables reboot
Taqa, Adnoc and Mubadala acquire interests as state investment firm sets ambitious new renewable and green hydrogen targets
UAE utility Taqa, Abu Dhabi state oil company Adnoc and UAE state investment company Mubadala have taken significant shares in UAE state-owned clean energy firm Masdar. Taqa has acquired the largest stake (43pc) in Masdar’s renewables business, with Mubadala holding 33pc and Adnoc 24pc, while Adnoc has taken the largest stake (43pc) in Masdar’s green hydrogen business, with Mubadala holding 33pc and Taqa 24pc. “Global cooperation is vital to achieving the critical scale in clean energy sources” Mubara, Mubadala The partnership wants to consolidate the renewable energy and green hydrogen efforts of all four companies under a rebooted single Masdar brand. The new Masdar has set a targe
Also in this section
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
