Arab Today, arab today masdar capital’s 2 funds assets 540m
Last Updated : GMT 18:42:31
Arab Today, arab today
Arab Today, arab today

Masdar Capital’s 2 funds assets $540m

Arab Today, arab today

Arab Today, arab today Masdar Capital’s 2 funds assets $540m

Abu Dhabi - Arabstoday

Masdar Capital, one of the five integrated units of Masdar, said on Wednesday that it is growing into one of the leading players in the global clean technology investment space, deploying funds globally and building a diverse international portfolio in the five years since its inception. Currently, Masdar Capital’s two major investment vehicles - Masdar Clean Tech Fund and DB Masdar Clean Tech Fund - together have $540 million under management. The first fund’s investments range from solar thin-film to waste-to-energy and water purification. The second fund will concentrate on clean energy, environmental resource management, energy and material efficiency and environmental services, with its first investment completed in Chinese wind energy. During a media briefing in Abu Dhabi on Wednesday, Alex O’Cinneide, Director and Head of Investments at Masdar Capital, said: “We seek to grow and expand our status as a global player in the cleantech investment arena and are looking to be a major force for renewable investment globally. Our efforts in building an asset management business headquartered in Abu Dhabi with strong international investors are beginning to pay off. The growth of this sector will increasingly provide them and us with opportunities and we believe an excellent return profile.” Mohamed Al Bader, Senior Financial Analyst at Masdar Capital were also present for the media briefing. From / Gulf Today

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Arab Today, arab today masdar capital’s 2 funds assets 540m Arab Today, arab today masdar capital’s 2 funds assets 540m

 



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