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TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in Asia

Binding agreement to merge onshore renewable activities in nine countries across Asia Each company will contribute assets of comparable value, totaling 3 GW of operational capacity and 6 GW under advanced development Abu Dhabi-headquartered platform positions partners to capture Asia;s growing electricity demand Paris/Abu Dhabi, 2 April 2026 – TotalEnergies, a global integrated multi‑energy company, and Abu Dhabi Future Energy Company PJSC – Masdar, a global clean energy leader, have signed a binding agreement to establish a $2.2bn 50/50 joint venture (JV) that will merge their onshore renewable activities in nine countries

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TotalEnergies and Masdar to form $2.2 billion Joint Venture to Accelerate Renewable Energy Growth in Asia

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