Masdar’s Acquisitions Surge to $8 Billion in 2024
Deal News | Mar 26, 2025 | Zawya
In 2024, Abu Dhabi Future Energy Company, Masdar, escalated its acquisition activities, reaching a total value of approximately 30 billion UAE dirhams, equivalent to $8 billion. As reported by Alittihad, a semi-official UAE daily, Masdar also successfully raised close to AED16.5 billion ($4.5 billion) to sponsor new projects across nine countries. The organization, with a presence in 49 countries spanning six continents, is ambitiously targeting clean energy ventures with a cumulative capacity of 100 GW by 2030. Furthermore, Masdar is advancing its green hydrogen production strategy, aiming to produce one million tonnes in collaboration with international partners.
Sectors
- Renewable Energy
- Hydrogen Energy
- Investment
Geography
- United Arab Emirates – Masdar is based in Abu Dhabi and operates from the UAE.
- Global – Masdar has expanded its projects and operations to 49 countries across six continents.
Industry
- Renewable Energy – Masdar is focusing on clean energy projects and is expanding its operations in this sector by targeting 100 GW capacity by 2030.
- Hydrogen Energy – The company has plans to produce one million tonnes of green hydrogen by 2030, indicating significant involvement in the hydrogen energy industry.
- Investment – With an $8 billion acquisition spend and raising $4.5 billion for new projects, Masdar is active in the investment sector, particularly in clean energy.
Financials
- $8 billion – The total value of Masdar's acquisitions in 2024.
- $4.5 billion – The amount raised by Masdar to fund new projects.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Masdar | Acquiring Company | Company | The Abu Dhabi Future Energy Company, focusing on renewable energy with acquisitions worth $8 billion in 2024. |
| Alittihad | Source | Company | A semi-official UAE daily that reported on Masdar's acquisitions. |