Masdar Capital, one of the five integrated units of Masdar, said today it is growing into one of the leading players in the global clean technology investment space, deploying funds globally and building a diverse international portfolio in the five years since its inception.
Updating media at a briefing in Abu Dhabi, Alex O’Cinneide, Director and Head of Investments at Masdar Capital, said: “We seek to grow and expand our status as a global player in the cleantech investment arena and are looking to be a major force for renewable investment globally. Our efforts in building an asset management business headquartered in Abu Dhabi with strong international investors are beginning to pay off. The growth of this sector will increasingly provide them and us with opportunities and we believe an excellent return profile.”
Industry statistics suggest that annual investment in the global clean energy sector registered a compound annual growth rate (CAGR) of 23% during 2004-2009, and is forecast to increase three-fold by 2030.
No comments:
Post a Comment