Abu Dhabi: Abu Dhabi Power Corporation, a state-owned entity with a mandate to generate value through active asset management of key utilities’ investments in Abu Dhabi, entered into a strategic partnership with Mubadala Investment Company and Abu Dhabi Future Energy Company (‘Masdar’); a subsidiary of ‘Mubadala’, during a signing ceremony held at Abu Dhabi Sustainability Week 2019.

The strategic partnership supports the UAE’s efforts to grow the power and water sector, while supporting Abu Dhabi’s long-term sustainable development objectives. Mubadala’s contribution as an experienced investor in utilities illustrates its support to the future development of power and water generation in Abu Dhabi.

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