UAE Focus

ADPC, Mubadala and Masdar ink partnership

February 2019

Abu Dhabi Power Corporation (ADPC) entered into a strategic partnership with Mubadala Investment Company and Abu Dhabi Future Energy Company (Masdar) during a signing ceremony held at Abu Dhabi Sustainability Week 2019 last month.

The strategic partnership supports the UAE’s efforts to grow the power and water sector, while supporting Abu Dhabi’s long-term sustainable development objectives, reported Emirates news agency Wam.

The strategic partnership includes key projects related to water desalination with a production capacity of over 400 million gallons per day; renewable energy with a capacity of over 5 GW of electricity in the form of solar; and over 2 GW of conventional power generation over the next five years. The projects are expected to commence tendering during the first half of 2019 by the Emirates Water and Electricity Company (EWEC), a subsidiary ADPC.

Mubadala and Masdar have existing capabilities and expertise in the energy sector. They have numerous local and international assets and facilities in power generation: more than 8 GW in conventional electricity generation and over 4 GW in renewable energy. Masdar’s presence in renewable energy spans more than 25 countries. 

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