Masdar opens new office in Saudi Arabia

Masdar opens new office in Saudi Arabia

- Abu Dhabi’s flagship renewable energy company intends to bid in Saudi Power Procurement Co. Round 4 tender for projects with combined capacity of 3.3 gigawatts

- Company aims to add to existing projects in the Kingdom, including 400-megawatt (MW) wind farm – largest in the Middle East – and 300 MW solar power plant

- Masdar inaugurates its new dedicated office in Riydah, the Saudi capital

Abu Dhabi, United Arab Emirates: Masdar, one of the world’s fastest-growing renewable energy companies, has pledged to strengthen its support for Saudi Arabia’s clean energy objectives, with the opening of a new dedicated office in the Kingdom. Masdar will also participate with partners in the upcoming Round 4 tender announced by the Saudi Power Procurement Co. (SPPC) for wind and solar projects with a combined capacity of 3.3 gigawatts (GW).

The inauguration event for the office, located in the capital Riyadh, was attended by HE Sheikh Nahyan bin Saif Al Nahyan, UAE Ambassador to the Kingdom of Saudi Arabia, along with representatives from Masdar partners, Saudi government officials, and industry leaders. Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar was also present, along with other Masdar executives, who were also participating in the Future Investment Initiative