Share

Masdar's portfolio worth $5bn

Renewable energy organisation's global presence valued at around $5bn

Share
Masdar's international presence is worth $5 billion.
Masdar's international presence is worth $5 billion.

The value of Masdar’s portfolio of renewable power generation projects has been revealed to be around $5 billion, according to the organisation’s director.

Frank Wouters told a media briefing in Abu Dhabi that Masdar’s three Spanish solar projects were worth approximately $1 billion, with a 20-megawatt plant due to start producing power this month, and two 50-megawatt plants will be inaugurated later this year.

The company also has stakes in the one-gigawatt London Array offshore windfarm, and a Seychelles-based six-megawatt wind project.
 

Newsletter

Most Popular