By Kari Williamson
Masdar's CEO, Sultan al Jaber, was quoted by Reuters as saying: “Given the lack of financing available to fund operational renewable energy projects, it is an opportune time to invest in projects that can provide stable returns to Masdar Capital and DBJ.”
The plan is to make minority equity investments in operational solar and wind assets in countries with relatively low sovereign risk.
A potential pipeline of 1 GW of solar and wind projects has already been identified.