Positive Zero raises USD 375 mn to expand distributed energy portfolio
The UAE-based energy transition platform Positive Zero has secured a USD 375 mn long-term financing facility
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The UAE-based energy transition platform Positive Zero has secured a USD 375 mn long-term financing facility
Masdar will contribute USD 1 bn in equity
The portfolio includes 705 MW in operational capacity, with 565 MW available for potential hybridization
The announcement lands despite global green hydrogen demand declining
The Jereh agreement builds on momentum from earlier this week, when the UAE and China signed 24 agreements covering hydrogen,…
The JV launches with 3 GW live and 6 GW in advanced development
The plant is earmarked for hard-to-abate sectors and is set to offset some 250k tons of CO2 annually
The energy group has agreed to acquire 60% of a portfolio of nine wind farms in northern and central Portugal
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