Masdar and EDF Create Esco

Posted on 09/13/2019


Abu Dhabi Future Energy Company (Masdar), a subsidiary of Mubadala Investment Company, and Électricité de France S.A. (EDF) agreed to create a joint venture energy services company called Esco. Masdar and EDF will each own 50% of Esco. Esco is tasked to grow into non-utility scale renewables and energy-efficiency investments in the United Arab Emirates, […]