Masdar marks roadmap to $3bln green bond offering at London Stock Exchange

Masdar marks roadmap to $3bln green bond offering at London Stock Exchange

- Green bond is the first part of Masdar’s program to raise debt capital to fund new clean energy projects

- In lead-up to UAE hosting COP28, milestone showcases the UAE’s commitment to advancing decarbonization and unlocking climate finance around the world

Abu Dhabi, UAE – Abu Dhabi Future Energy Company PJSC – Masdar has today marked the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes at London Stock Exchange (LSE).

The market opening was attended by HE Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President-Designate and Chairman of Masdar, HE Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, Ambassador HE Mansoor Abulhoul, UAE Ambassador to the UK, and Masdar Chief Executive Officer, Mohamed Jameel Al Ramahi.

Masdar completed a US$750 million 10-year green bond offering on the LSE on July 19, 2023, which was more than five times oversubscribed with exceptionally strong appetite from regional and international investors.

It marks a historic moment on a remarkable journey for the UAE’s flagship renewable energy company since it was established in 2006 under its founding CEO, and now Chairman, Dr Sultan Al Jaber. Dr Sultan Al Jaber has been a