• HSBC

French firms bid for Masdar deals

  • United Arab Emirates: Thursday, November 05 - 2009 at 11:01

The French foreign trade minister has said that French energy firms are in talks with Abu Dhabi Masdar as they 'have a lot of technologies in new energy,' Reuters has reported. Total is bidding in a consortium for a solar power plant and Air Liquide is bidding to provide industrial gas into Masdar and may co-invest in the project, Anne Marie Idrac told reporters yesterday. Masdar was set up by the Abu Dhabi government to develop sustainable and clean energy.

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