Masdar CFO says the renewable energy company will be a boon to developing economies
Welcome back. Ursula von der Leyen yesterday won a second five-year term as European Commission president, cruising to a comfortable victory after winning the backing of the Green group of lawmakers — the first time it has supported a commission candidate. Von der Leyen campaigned on mobilising more private finance for the energy transition as part of a larger strategy to boost European competitiveness and security.
Critics have been quick to note that when the UAE funds ventures such as Masdar and Altérra, it draws on deep resources as one of the world’s biggest producers of fossil fuels. The UAE was the eighth-biggest oil producer in the world last year, according to the US Energy Information Administration. It is not alone.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Abu Dhabi’s Masdar seeks European acquisitionsState-backed green energy group to ‘pump more capital’ into region after buying Greece’s biggest renewables company
Read more »
UK film tech group DNEG valued at $2bn after Abu Dhabi fundraisingCompany behind special effects in hits from ‘Dune’ to ‘Oppenheimer’ to expand into movie production
Read more »
Former Celtic boss could link up with Rangers hero in Abu-DhabiRangers hero Kenny Miller is expected to be named as Ronny Deila's assistant at Abu-Dhabi based side Al Wahda.
Read more »
Lewis Hamilton makes post-Abu Dhabi 2021 admission after record ninth Silverstone winWill Silverstone lay to rest the ghosts of Abu Dhabi 2021?
Read more »
Bernard Looney plots Abu Dhabi comeback from BP scandalAdnoc’s Sultan al-Jaber has discussed projects with ex-CEO following exit from oil major
Read more »
Inside Love Island star Lucie Donlan’s Abu Dhabi holiday with huge pool, cocktails and beach shacksLucie Donlan's Luxurious Escape to Abu Dhabi
Read more »