The Middle East’s
1. Mohamed Jameel Al Ramahi
Designation: CEO
Company: Abu Dhabi Future Energy Company – Masdar
Established: 2006
Headquarters: U.A.E.
Masdar is active in over 40 countries, with projects worth over $30 billion in total. In March 2024, Masdar acquired a 50% stake in the U.S. renewables power producer Terra-Gen. In July 2024, it partnered with Endesa for 2.5GW of renewable energy assets in Spain by acquiring a 49.99% stake in the company for $890.4 million. In the same month, Masdar raised $1 billion through its second green bond issuance. The company has 83 operational, under-construction and committed projects, with a gross capacity of 22GW as of March 2024. It also has green bonds worth $1.75 billion outstanding, as well as $225 million in committed corporate green loan facilities.