Strengthening the cooperation in M&A with Masdar
In the presence of the President of the United Arab Emirates, H.H. Sheikh Mohamed bin Zayed Al Nahyan, and the Prime Minister of the Italian Republic, Giorgia Meloni, a Memorandum of Understanding aimed at strengthening cooperation between the parties in M&A was signed between the Intesa Sanpaolo’s IMI Corporate & Investment Banking Division and Abu Dhabi Future Energy Company (Masdar).
Masdar has been a key enabler of the UAE’s vision as a global leader in over 40 countries, with a mandate to increase its renewable energy portfolio capacity to 100GW by 2030 and to become a leading producer of green hydrogen by the same year.
The agreement was signed by Mauro Micillo, Chief of Intesa Sanpaolo's IMI Corporate & Investment Banking Division, and Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar.
With Masdar, Intesa Sanpaolo has acted as acquisition financier and advisor on numerous transactions, most recently Masdar’s acquisition of Enel’s Spanish assets through Endesa in December 2024.