Masdar receives ‘AA-’ credit rating with stable outlook by S&P Global Ratings in further recognition of the financial strength of the business

Press release

Published August 22nd, 2025 - 04:52 GMT

Masdar has been assigned an ‘AA-’ credit rating with a stable outlook by S&P Global Ratings, reinforcing its position as a global clean energy leader.

This new rating reflects Masdar's diversified global position, strong growth prospects, and disciplined financial policies, including the allocation of green bond proceeds to finance the construction of new projects.

With top credit ratings now secured from Moody’s (A1), Fitch (AA-) and S&P (AA-), Masdar continues to be recognized as one of the most financially robust renewable energy companies worldwide. This enables the Company to continue to drive responsible expansion and deliver inclusive progress across key international markets.

The rating is also underpinned by the strong support of the Company's three shareholders - Abu Dhabi National Oil Company (ADNOC), Mubadala Investment Company, and Abu Dhabi National Energy Company PJSC (TAQA) - as well as the Government of Abu Dhabi.

Background Information

Masdar

Masdar is a global leader in renewable energy and sustainable urban development. Over the last decade, we have pioneered commercially viable solutions in clean energy, sustainable real estate and clean technology in the UAE and around the world.

Headquartered in Abu Dhabi, we develop renewable energy projects, realise low-carbon urban development, while advancing clean-tech innovation. We also deliver world-class knowledge and industry platforms.

At Masdar, we are supporting the UAE’s transition towards a knowledge-based economy. We aim to be a model for the commercial adoption of clean technologies, and a showcase of the UAE’s wider commitment to sustainability.