The funding round raised USD 111 mn.
Author Archives: enterpriseam admin
Acwa Power’s net income ticks up in 1Q while Dewa posts a 14% drop
Acwa’s revenues were down 6% y-o-y to SAR 1.3 bn
US energy secretary to visit UAE Riyadh this week to discuss clean energy
Plus: IEA warns Opec+ that high oil prices are bad for inflation
Abu Dhabi unveils decree to combat air pollution
The strategy mandates environmental licenses for projects and establishments in Abu Dhabi.
MAY 2024 12-14 May (Sunday-Tuesday): J20 Summit, Rio de Janeiro, Brazil. 13-15 May (Monday-Wednesday): World Hydrogen Summit, Rotterdam, Netherlands. 14-15 May (Tuesday-Wednesday): Invest in African Energy (IAE) Forum, Paris, France. 14-16 May (Tuesday-Thursday): Airport Show, Dubai, UAE. 18-25 May (Saturday-Saturday) The World Water Forum, Bali, Indonesia. 19-21 May (Sunday-Tuesday): Saudi Energy Convention, Riyadh, Saudi Arabia. […]
TODAY: Aldar’s green sukuk issuance opens to high demand + A new EV battery parts plant for Morocco
What we’re tracking this morning regionally and around the world
Aldar Properties launches USD 500 mn green sukuk
Aldar Properties has started selling USD 500 mn in 10-year green sukuk at 110 basis points over US treasuries, narrowed down from guidance of 140 bps on strong investor demand, Reuters reports, citing a document it has seen. The issuance attracted USD 1.9 bn in orders, and comes under its USD 2 bn trust certificates […]
Mubadala-backed Cepsa sells upstream assets in Peru in green energy shift
The transaction is part of Cepsa’s 2030 green strategy to shift investments towards clean energy