Masdar-Backed Renewable Energy Developer Mulling Abu Dhabi IPO
- Africa-focused firm Infinity Power may list in 2-3 years
- Company likely to issue a green bond in 2026, says chairman
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Infinity Power, a renewable energy developer partly owned by Masdar, is considering selling its shares on the Abu Dhabi stock exchange within the next two or three years, according to its chairman.
The Africa-focused firm’s timeline for listing will depend on market conditions, Mohamed Ismail Mansour said in an interview on Tuesday. Infinity Power, in which United Arab Emirates-based Masdar has a 49% stake, is also considering listing on exchanges in Dubai, Johannesburg, London, and Cairo.