Abu Dhabi Future Energy Company PJSC – Masdar has announced the issuance of a new $1 billion green bonds, bringing its cumulative green bond portfolio to $2.75 billion and reinforcing its global leadership in sustainable finance.
"This third issuance demonstrates the continued and growing confidence the investment community places in Masdar’s financial strength and long-term vision. The funds raised will enable us to support energy transformation across the globe, especially in emerging markets and developing economies, which are often in most urgent need of investment. All proceeds from our bond program are allocated exclusively to the development of new "dark green" renewable energy projects, giving investors complete confidence as to how their money is being spent," - said Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar.
The bond was issued in two equal tranches of US$500 million, with tenors of 5 and 10 years and coupon rates of 4.875% and 5.375%, respectively. It attracted strong investor interest, with a peak orderbook reaching US$6.6 billion, reflecting significant oversubscription, said the company in its statement.
Demand came from both regional and international investors, including dedicated green funds. Spreads over U.S. Treasuries were 80 basis points for the 5-year tranche and 90 basis points for the 10-year—marking the tightest pricing Masdar has achieved to date. Final allocation was split 85% to international investors and 15% to those from the MENA region, the statement reads.
Mazin Khan, Chief Financial Officer of Masdar, stated that the latest green bond issuance—aligned with Masdar’s Green Finance Framework—“underscores the strong investor confidence in our financial resilience and strategic direction.” He added that the proceeds will support the development of new clean energy projects both domestically and internationally, offering investors a meaningful opportunity to contribute to the global green financing agenda.
Masdar updated its Green Finance Framework in March this year, with the eligibility criteria expanded to include green hydrogen and standalone battery storage projects. Moody’s reaffirmed its Sustainability Quality Score of SQS1 (Excellent), the highest possible rating, for the updated framework in April.
In line with Masdar’s corporate credit ratings, the company’s third bond issuance was rated AA- by Fitch and A1 by Moody’s. The joint lead managers and bookrunners on the issuance were First Abu Dhabi Bank, Abu Dhabi Commercial Bank, J.P. Morgan, ING, Intesa Sanpaolo, Bank of China, DBS Bank, BNP Paribas and Crédit Agricole.
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Here's your AnewZ Daily Brief for 28 September 2026. These are the top stories making headlines in technology.
Saudi Foreign Minister Prince Faisal bin Farhan has arrived in Washington for talks with U.S. Secretary of State Marco Rubio on bilateral ties and key regional and international developments, Saudi state news agency SPA reported.
U.S. President Donald Trump has denied reports that he offered Iran sanctions relief and access to frozen funds in exchange for nuclear concessions.
The European Union's decision to simultaneously advance accession talks with Ukraine, Moldova, Montenegro and Albania marks its most ambitious enlargement effort in more than two decades.
Türkiye’s COP31 presidency has unveiled an action agenda designed to turn climate commitments into concrete projects and measurable results, focusing on clean energy, waste reduction, resilient cities and industrial decarbonisation.
Greenland and Antarctica have shed a combined 11.3 trillion tonnes of ice since 1979, according to the most comprehensive satellite study of the planet's ice sheets to date, with researchers warning the pace of loss has accelerated sharply in recent decades.
The European Union will continue allowing large-scale plastic waste exports to Türkiye despite concerns over recycling rates, environmental damage and the risk of illegal waste trafficking.
Hundreds of thousands of deep-diving turtles, known as olive ridley sea turtles, have arrived on Mexico’s southern coast for one of nature’s most striking nesting events. But conservation officials warn that climate change is making it increasingly difficult for their eggs to hatch.
August 2026 tied as the hottest month ever recorded globally, pushing average temperatures above the critical 1.5°C threshold as extreme weather swept across several regions, the EU’s Copernicus Climate Change Service said.
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