trend.az12 Sep 2026AI generated
Masdar signed a second MoU, with Luxcara, worth over €5 billion covering BESS, offshore wind and other technologies across Germany and Europe.
- RWE MoU targets joint bidding in future German offshore wind auctions, indicative value over €3 billion
- Combined agreements exceed €8 billion
- Masdar cites a European portfolio over 15.6 GW and more than $13 billion invested
- Masdar and RWE already co-invest in London Array (630 MW) and Dogger Bank South (3 GW)
Context
This is Masdar's second German offshore wind MoU announced during the same state visit, following the EUR 3 billion RWE pact signed on 11 September 2026.