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Masdar Backs Greece's Digital Future With Major Solar Acquisition, Strengthening UAEGreece Strategic Partnership
🇦🇪 United Arab Emirates · Technology · 1 d ago
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24.10 17:33 UTC
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Abu Dhabi Future Energy Company PJSC – Masdar has signed an agreement to acquire and develop one of Greece’s largest solar projects, strengthening the country's clean energy infrastructure and supporting its ambitions as a European digital hub, while deepening the strategic partnership between the .
The agreement was announced as the two countries mark over 50 years of diplomatic relations and seek to expand cooperation across energy, artificial intelligence (AI) and advanced technology.
Greece's strategic location at the intersection of Europe, Africa, and Asia, alongside growing investment in digital infrastructure, positions it to become an important regional hub for these industries.
Separately, Masdar and Khazna Data Centres signed an agreement to advance green data centre development in Greece, combining Khazna’s data centre development and operational capabilities with Masdar’s renewable energy and energy storage expertise.
Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, said, “The UAE and Greece share a strategic partnership built on trust, long-term ambition and a commitment to mutual prosperity.
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