Masdar’s Joint Ventures for the first utility-scale solar and battery storage project in Oman

Masdar’s joint ventures expand renewable energy reach. The UAE-based Masdar firm partners with local players to build solar, wind, and storage projects in Oman and Montenegro. These deals push clean power goals forward. Oman Solar and Storage Deal Masdar‘s joint ventures in Oman hit a key milestone with financial close on the Ibri III project. A Masdar-led group secures $300 million from banks like Natixis and First Abu Dhabi Bank. Partners such as Al Khadra Partners, Korea Midland Power, and OQ Alternative Energy join the effort. The project features a 500 MW solar plant linked to