Masdar Capital, the investment arm of Abu Dhabi Future Energy Company, is gearing up for its second investment from its DB Masdar Clean Tech Fund-II, managing a substantial $540 million in global assets. This move underscores Masdar’s commitment to driving sustainable development through strategic investments in clean technology.
At a recent media briefing, Alex O’Cinneide, Head of Investments at Masdar Capital, revealed the fund’s focus areas, including recycling, energy storage, grid optimization, and waste-to-energy solutions. With an average investment size ranging from $15 million to $40 million, the fund aims to catalyze innovation and scalability in the clean technology sector.
The DB Masdar fund, operating on a four-year investment horizon, follows the footsteps of its predecessor, the $290 million DB Masdar fund launched in 2010. The inaugural fund made its mark by investing in UPC Renewables China, expanding wind energy capacity and setting the stage for future clean technology endeavors.
Masdar Capital’s pioneering venture into clean technology began in 2006 with the launch of the $250 million Masdar Clean Tech Fund-I. This fund, now fully invested in 14 companies, has been instrumental in fostering breakthroughs in solar power, waste management, and water purification technologies.
As Masdar Capital expands its global footprint, it aims to consolidate its position as a key player in the cleantech investment landscape.
With a diverse portfolio spanning solar energy, waste treatment, and clean-water technologies, Masdar Capital is at the forefront of shaping the future of clean technology. Complementing direct investments, the company has allocated $35 million to early-stage funds focused on cutting-edge cleantech innovations.
Masdar Capital’s success stories, including lucrative exits such as Sic Processing and HaloSource, highlight the potential for significant returns in the clean energy sector. Partnering with Deutsche Bank Climate Change Advisors (DBCCA), Masdar Capital continues to leverage its expertise to capitalize on the growing opportunities in clean technology investments.
