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Emirates News Agency - ADFD finances 90 renewable energy projects worth AED 4.7bn over a decade


ADFD finances 90 renewable energy projects worth AED 4.7bn over a decade
ABU DHABI, 25th January, 2021 (WAM) Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effort towards driving energy transition at home and around the world by financing innovative renewable-energy projects.
These initiatives have had powerful impact on the economies and the environment of beneficiary countries.
The Fund has consistently increased its portfolio of such projects, having funded 90 of them over a decade at a total value of about AED4.7 billion (US$ 1.3 billion). Cumulatively generating 9,755MW of electricity, these projects benefited 65 countries by supporting their economies and improving the quality of life. ....

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