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ADNOC acquires 24 9% stake in OMV

- ADNOC Acquires 24 9% Stake in OMV

- ADNOC Acquires 24 9% Stake in OMV
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TAQA, ADNOC, and Mubadala Complete Landmark Transaction for Stake in Masdar Clean Energy Powerhouse

TAQA, ADNOC, and Mubadala Complete Landmark Transaction for Stake in Masdar Clean Energy Powerhouse

New Masdar outlines ambitious growth plans to bolster position as a global leader in clean energy and green hydrogen Masdar targets at least 100GW renewable energy capacity and the production of up to 1 million tons of green hydrogen by 2030, with aspirations to grow its renewable energy portfolio to +200GW TAQA to take leading role with largest stake (43%) in Masdar's renewables business and ADNOC to take the leading role (43%) in green hydrogen business with Mubadala holding 33% in each New Masdar to play central role in delivering the UAE's Net Zero by 2050 Strategic Initiative and will be a global champion for clean energy Refreshed Masdar brand unveiled for UAE's new clean energy powerhouse ABU DHABI, UAE, Dec. 8, 2022 /PRNewswire/ Abu Dhabi National Energy Company (TAQA), Mubadala Investment Company (Mubadala) and Abu Dhabi National Oil Company (ADNOC) announced today the successful completion of the Masdar transaction, following which they will all become sharehold

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