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
