At the Reuters NEXT Gulf summit in Abu Dhabi, Masdar CEO Mohamed Al Ramahi announced that the UAE’s leading renewable energy company plans to deploy an additional $20 billion in capital and leverage. This follows a significant investment of $30 billion made over the past two years. The strategic outlook underscores Masdar’s ongoing commitment to expanding its footprint in the renewable energy sector. Al Ramahi highlighted the company’s dedication to accelerating sustainable energy projects and expanding its regional and international presence. This move aligns with the UAE’s continued push toward clean energy investments and transitioning to sustainable energy sources.
