Sunday, 22 December 2019

Masdar committed to UK despite Brexit, says CEO Mohamed Jameel Al Ramahi - Arabianbusiness

Masdar committed to UK despite Brexit, says CEO Mohamed Jameel Al Ramahi - Arabianbusiness:

The outcome of the United Kingdom’s protracted Brexit negotiations will have no impact on future investment by Abu Dhabi’s renewable energy giant Masdar, according to its CEO Mohamed Jameel Al Ramahi.

In the UK, Masdar is a partner in three offshore wind farms, with a combined generating capacity of more than 1GW: London Array, the Dudgeon Offshore Wind Farm, and Hywind Scotland, the world’s first floating wind farm.

While in September this year, Masdar and the UK Government invested £70 million ($86.3 million) to bolster Britain’s electric vehicle charging infrastructure.

Al Ramahi told Arabian Business: “We are a major investor in the United Kingdom and we will continue to be a major investor there.”

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