The company Abu Dhabi Future Energy Company, known as “Masdar,” has been awarded an AA- credit rating with a stable outlook by S&P Global Ratings, solidifying its status as a leader in the global clean energy sector.
This new rating demonstrates Masdar’s significant global presence, strong growth potential, and its prudent financial policies, including the allocation of green bond proceeds for funding the establishment and development of new projects.
With top ratings from both Moody’s (A1) and Fitch (AA-), in addition to S&P (AA-), Masdar continues to affirm its position among firms with robust financial capabilities and strategies within the global renewable energy landscape, enabling its role in fostering comprehensive and responsible advancements in key markets around the world.
This credit rating also reflects the substantial support Masdar receives from its three main shareholders: the Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company, and the Abu Dhabi National Energy Company (TAQA), along with the Abu Dhabi government.