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The proposed joint venture carries an enterprise value of $2.2 billion with both companies set to contribute assets of comparable value. Watch the Zawya video here:
VIDEO: UAE’s Masdar, TotalEnergies to merge Asian onshore renewables into $2.2bln JV
Abu Dhabi Future Energy Company (Masdar) has signed a binding agreement with TotalEnergies to merge their onshore renewable energy portfolios in nine Asian markets into a new 50:50 joint venture
April 3, 2026
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