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
10 November 2025
The success of hydrogen production will rely as much on software and data integration for optimisation and tracking as on physical infrastructure and demand
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
5 November 2025
Policymakers launch €2.9b package aimed at driving investment to meet its aviation and maritime sustainable fuel targets
5 November 2025
German technology company collaborates with Sharjah National Oil Corporation and Decahydron on new initiative in northern emirate of Sharjah
