New owners eye global expansion for Middle Eastern green energy company

Jack Burke Senior Editor, Compressor Tech2

08 December 2022

Pledge to rapidly grow green hydrogen, other capabilities

Three Middle Eastern companies have finalized their takeover of green energy company Masdar and pledge to rapidly grow the company’s green hydrogen and other capabilities.

Abu Dhabi National Energy Co. (TAQA), Mubadala Investment Co. (Mubadala) and Abu Dhabi National Oil Co. (ADNOC) announced the completion of the Masdar transaction. TAQA…

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