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Masdar (Abu Dhabi Future Energy Company PJSC) is a state-owned UAE renewable energy company founded in 2006, headquartered in Abu Dhabi. Masdar is operated under Mubadala Investment Company, TAQA, and ADNOC ownership. It develops utility-scale solar, wind, green hydrogen, and clean water infrastructure across Asia, Africa, Europe, and the Americas. The company has set ambitious targets to expand renewable generation capacity to 100 GW by 2030, and completed major acquisitions including Greece’s Terna Energy. In 2024, Masdar swung to profitability, more than tripling its assets to AED 59.8 billion.
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