Abu Dhabi's Future Energy Company, Masdar, has announced the issuance of another $1 billion green bond, increasing the total outstanding under its green bond programme to $2.75 billion. The bond, issued in two tranches of $500 million each with tenors of 5 and 10 years, attracted significant oversubscription reaching a peak order book of $6.6 billion, reflecting strong demand from regional and international investors. The pricing achieved on this issuance is the tightest to date for Masdar. The funds raised will be crucial in achieving Masdar's portfolio capacity targets and supporting energy transformation globally, with a focus on emerging markets and developing economies. Masdar, a global leader in sustainable finance, has a track record of successful green bond issuances allocated to new greenfield projects. In addition to its green bond programme, Masdar has engaged in other financing activities, including non-recourse financing for the development of over 11 gigawatts of clean energy across 12 new projects in nine countries in 2024. The company's CFO highlighted the investor confidence in Masdar's financial resilience and strategic direction through this latest issuance. Masdar's Green Finance Framework was updated to include green hydrogen and standalone battery storage projects, demonstrating a commitment to innovation in clean energy technologies. Moody's reaffirmed Masdar's Sustainability Quality Score, and the company's bond issuance was well-rated by Fitch and Moody's. The strategic energy partnership between the UAE and the US, particularly through initiatives like the UAE-US Partnership for Accelerating Clean Energy, further emphasizes both countries' dedication to sustainable energy. Masdar's involvement in clean energy projects in the US, along with partnerships and investments, underpin its long-term commitment to transforming energy systems globally.