Masdar Plans More Green Bonds After Debut $750 Million Sale
- UAE company expects another green bond issuance in 2024
- May raise $3 billion via bonds to meet 100GW capacity target
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The United Arab Emirates’ clean-energy producer Masdar expects to issue more green bonds next year after completing a $750 million debut sale.
The company, also known as Abu Dhabi Future Energy Co., is keen to develop and acquire projects, including in the US and Europe, Chief Financial Officer Niall Hannigan said in an interview on Wednesday. Masdar is seeking to become an investor in renewable projects totaling 100 gigawatts of capacity by the end of the decade.