16-07-2025
Tadweer Group acquires waste-to-energy stake from Masdar, entering joint venture with BEEAH
Tadweer Group acquires ownership of Masdar's share of the Sharjah Waste-to-Energy plant and becomes a partner in the Emirates Waste-to-Energy joint venture with BEEAH, supporting significant contribution to landfill diversion in the UAE
Having successfully partnered with Masdar throughout the project, BEEAH will now work with Tadweer Group through next expansion phase
ABU DHABI, UAE – Abu Dhabi Future Energy Company PJSC – Masdar, one of the world's leading renewable energy companies, today announced the divestment of its stake, subject to customary closing conditions, in the Sharjah Waste-to-Energy plant to Tadweer Group, a leader in unlocking the value of waste. The move also brings Tadweer Group together with BEEAH, the region's sustainability and innovation pioneer, as joint venture partners in the Emirates Waste-to-Energy company, which owns and operates the Sharjah Waste-to-Energy plant.
The acquisition by Tadweer Group of Masdar's stake is a strategic decision to allow the two organizations to focus on their respective core business strategies. Masdar is continuing to ramp up its clean energy capacity, while Tadweer Group is focusing on its UAE operations and international expansion to support its ambitions to become an international leader in sustainably unlocking the value of waste. Tadweer Group and BEEAH will now synergize their waste management expertise for the sustainable operations of the Sharjah Waste-to-Energy plant, while paving the way for future projects through their Emirates Waste-to-Energy joint venture.
The Sharjah Waste-to-Energy project was inaugurated in 2022 under the Emirates Waste-to-Energy company as the first commercial-scale waste-to-energy plant in the Middle East. It plays a vital role in diverting waste from landfills and converting it into electricity, supporting the UAE's broader sustainability objectives. Through the Emirates Waste-to-Energy joint venture, BEEAH and Tadweer will jointly own and operate the plant, including going forward with plans to increase its power output from 30 MW to 60 MW, while doubling processing capacity for hard-to-recycle waste and displacing twice the volume of emissions.
Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: 'We are proud of the impact this project has had within the UAE, and we extend our sincere thanks to BEEAH for their valued partnership since the inception of our Emirates Waste-to-Energy joint venture. As we transfer our stake, we are confident that Tadweer and BEEAH will continue to advance the project with strong leadership and a clear strategic vision.'
Ali Al Dhaheri, Managing Director and Chief Executive Officer of Tadweer Group, said: 'Acquiring this high-performing asset will further enhance Tadweer Group's capabilities and support the UAE's ambition to become a global leader in sustainable waste management and energy conversion. We look forward to working with BEEAH to build on the strong foundations it has laid working alongside Masdar.'
Khaled Al Huraimel, Group CEO of BEEAH Group, said: 'We thank Masdar for having partnered with us in the Emirates Waste-to-Energy joint venture and their support on the Sharjah Waste-to-Energy Plant, our inaugural, groundbreaking project. We look forward to further building on these accomplishments alongside Tadweer Group as a joint venture partner, marking a new chapter of growth and waste-to-energy innovation for the nation and the region.'
The finalization of this agreement underscores the partners' commitment to advancing the UAE's sustainability agenda. The organizations will continue to collaborate on innovative initiatives within the clean and renewable energy sector, reinforcing the nation's role in driving the global energy transformation and contributing to a more sustainable future.
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Contacts:
For Masdar media enquiries, please contact: press@
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For Tadweer media enquiries, please contact: Sara Mousa, Corporate Communications Manager
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For BEEAH media enquiries, please contact: press@
About Masdar
Masdar (Abu Dhabi Future Energy Company) is one of the world's fastest-growing renewable energy companies. As a global clean energy leader, Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the energy transformation and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of 51 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future.
Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.
About Tadweer Group
Tadweer Group, part of ADQ, an Abu Dhabi-based holding company, is leading the way in promoting sustainable waste practices and establishing new benchmarks for the circular economy. The company's strategic vision is aimed at revolutionising waste management by unlocking the value of waste.
As the sole custodian of waste management in Abu Dhabi, Tadweer Group is committed to deploying advanced technologies and fostering strategic partnerships in support of the UAE's sustainability objectives, working towards its goal of diverting 80% of Abu Dhabi's waste away from landfill by 2030. In addition to its commitment to Abu Dhabi, Tadweer Group has ambitious international goals, striving to make significant contributions to sustainable waste management beyond the UAE.
Please see a link here to the locations of Tadweer Group's Recyclable Materials Collection Centres, collection points, Reverse Vending Machines, and more.
About BEEAH
BEEAH is a sustainability and innovation pioneer, creating solutions for a sustainable future across environment, energy, healthcare, technology, and real estate. Headquartered in Sharjah, UAE, BEEAH operates across the Middle East and North Africa, driving positive environmental impact through technology, sustainable development, and strategic partnerships.
