| 25 Dec 2009 |
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Neutral Group to operate in Masdar City
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The Neutral Group, a carbon abatement consulting and execution company, recently announced it has received a license to operate from Masdar City, the emerging global clean technology cluster in Abu Dhabi. The company, which is relocating its headquarters to Masdar City, is the first carbon abatement consultancy to be licensed by the zero-waste, carbon-neutral, renewable energy-powered city.
With offices already in London and New York, The Neutral Group selected Masdar City for its headquarters because of the city's emerging global role as a hub of the flourishing cleantech sector, the numerous business opportunities in the fast-growing region and the city's tax-free, free zone status.
Khaled Awad, director of Masdar City, said, "Firms such as The Neutral Group provide an important service by helping companies reduce their carbon footprint in a manner that serves the environment and helps their bottom lines. The Neutral Group's presence in Masdar City reflects the unique mix of firms and the synergy that characterizes the business environment in the city."
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