We Are Masdar

We Are Masdar

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Credit rating Aa2 (Moody’s) / AA (S&P) / AA

(Fitch)

Total employees > 500

Total assets US$21.6 billion

Masdar is a subsidiary of Mubadala, 100% government owned

The Mubadala Development Company is a

strategic investment and development company

whose sole shareholder is the Government of

Abu Dhabi

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Vision and Mission

Our Vision

To make Abu Dhabi the preeminent source of

renewable energy, knowledge, development,

implementation and the world’s benchmark for

sustainable development.

Our Mission

To advance renewable energy and sustainable

technologies through education, research and

development, investment, commercialization

and adaptation.

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A Unique, Fully Integrated Approach

Investing on corporate

level, mainly out of funds

raised as GP, mainly UAE

external LPs

Investing on project level,

based on

Masdar/Mubadala

balance sheet

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Key Milestones

2006 2007 2008 2009 2010 2011

Masdar Initiative

launch

Masdar cleantech

Fund I

Torresol

Masdar City

construction

begins

Masdar Institute

building completeMasdar Institute

welcomes

students

Masdar PV

London

Array

DB Masdar

cleantech Fund

EMIC Siemens

partnership

Shams 1

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We Are Masdar

Cleantech – an investor’s perspective

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2008:German cleantech products a best

seller

Relative to GDP Germany ranking

3rd – well behind Denmark and

Brazil

Could Germany go up to

Denmark’s level – implying an

increase of annual cleantech

product sales of more than Euro

40bn?

What has happened since 2008,

is Germany in a good position,

how likely can interesting SME

opportunities be converted into

investment successes?

Europe strong, but GER alone up to €40bn additional sales

Sources: WWF (Netherlands)/Roland Berger, 2009

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Market cap of cleantech

companies tracked by Credit

Suisse increased by 63% in total

Number of companies 2009 vs

2011 constant but decrease in

Germany vs. increases in China

and US: Germany: -32% (25 => 17)

China: +250% (4 => 14)

US: +22% (9 => 11)

Market cap per country

diverging:Germany: +41%

China: +789%

US: +54%

Market caps grew but German companies lagging behind

Sources: Credit Suisse Renewables Report 8 May 2009 and 9 May 2011, covering 67 listed cleantech companies in 2009, 66 in 2011

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2001-2011 YTD:US: 54%

UK: 11%

Germany: 5%

2010:US: 68%

UK: 4%

China: 3%

Larger deals in Germany:2011: USD 445m agri.capital

2010:USD 500m Repower/Suzlon

2008: USD 135m Sulfurcell

PE/VC Financings: Europe’s share deteriorating by ~50%

Sources: Bloomberg New Energy Finance

2001-2011 YTD

2010

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Asset Finance: Europe’s share cut in half

Sources: Bloomberg New Energy Finance

2001-2011 YTD Asset Finance (total USD 638.5bn) 2010 Asset Finance (total USD 127.8bn)

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M&A: consolidation in Europe via M&A

2001-2011 YTD M&A (total: USD 688.6bn) 2010 M&A (total: USD 73.5bn)

Sources: Bloomberg New Energy Finance

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Stimulus money: 49% in top 11 nations spent already

Sources: Bloomberg New Energy Finance (as per Q4 2010 – not including more recent additional R&D allocations etc.)

Country Announced

(USD m)

Of global total Spent

(USD m)

Spent by Q4

2010

US 65,057 36% 23,198 36%

China 46,121 25% 31,944 69%

South Korea 32,190 18% 11,760 37%

Germany 15,180 8% 8,934 59%

Japan 10,438 6% 8,928 86%

Australia 3,727 2% 1,624 44%

UK 3,374 2% 1,131 34%

Brazil 2,511 1% 172 7%

France 2,111 1% 2,111 100%

Spain 1,722 1% 627 36%

Canada 781 0% 131 17%

Total 183,212 100% 90,560 49%

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We Are Masdar

Masdar – corporate & project investments

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Masdar Clean Tech Fund

(“Fund 1”)

US$250 million partnership

US$10-25 million investment ticket

size in companies with promising

technology and defendable IP

Current investments range from

Solar Thin-Film to Waste-to-Energy

and Water Purification

Masdar Capital investing out of two Investment Funds

Masdar Clean Tech Fund(launched 2006)

DB Masdar Clean Tech Fund

(launched 2010)

US$290 million partnership

US$15-40 million investment

ticket size in companies with

promising technology,

defendable IP and/or other

sustainable advantage

General partners:

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Profile of Masdar Power Projects – International

International flagship projects

Fast Facts

London Array - Will have a capacity of 1GW from

341 wind turbines, and be the largest offshore wind

farm in the world

Seychelles - Installed capacity: 6 to 8MW onshore

wind providing 20% of total peak demand power

Gemasolar - The plant consists of CSP tower

technology with integrated storage that supplies

clean energy to 30,000 households

Valle 1 & 2 Plants - Parabolic trough CSP plants will

generate clean power for over 80,000 homes

Masdar PV - Produces advanced thin film

Photovoltaic modules

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Profile of Masdar Power Projects – UAE

UAE flagship projects

Fast Facts

Shams 1 - With a capacity of 100 MW and a solar

field using parabolic trough technology, covering an

area

of 2.5 km², the largest project of its kind worldwide

Sir Bani Yas - Onshore wind farm with a target

capacity of between 20 and 30MW

Nour 1 - Solar PV plant with a planned capacity

of 100MW

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Profile of Masdar Power Projects – SHAMS 1

The flagship project

World’s largest concentrated solar power

(CSP) plant and first in Middle East

SHAMS 1

Fast Facts

120kms Southwest of Abu

Dhabi in the UAE

Extends over an area of 2.5km²

with a capacity of 100MW

This solar field has 768

parabolic trough collectors to

generate clean, renewable

electricity

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Profile of Masdar Power Projects – Torresol

One of world’s first commercial

deployments of CSP Central Tower

Receiver Systems

Gemasolar

Fast Facts

Joint venture between SENER

(60%) and Masdar (40%)

Gemasolar plant consists of

2,650 heliostats (mirrors)

– 1,500m approximate diameter

Will supply energy to 30,000

households saving 50,000

tonnes of CO2

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Profile of Masdar Power Projects – London Array

Offshore wind farm

London Array

Fast Facts

Capacity of 1GW when complete with 341 wind

turbines

Will produce enough energy to power a quarter

of London homes (750,000) and displace the

emissions of 1.9 million tonnes of carbon dioxide

each year

Will represent nearly 7% of the UK Government’s

target of providing 15.4% of all electricity supply

from renewable sources by 2015

Joint venture between DONG (50%), E.ON

(30%) and Masdar (20%) signed in May 2009

Onshore construction started in July 2009,

with offshore construction commencing 2010

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Profile of Masdar Power Projects – Seychelles

Onshore wind farm

Mahe

Fast Facts

Wind farm on the island of Mahe will

provide about 20% of Mahe’s energy

needs

First phase of the project consists of

a 6 to 8 MW windfarm

Commercial operation date in 2012

Potential diesel savings of 3.5M litres

per annum

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Profile of Masdar Power Projects – Masdar PV

Thin-film photovoltaic solar module

manufacturing in Germany

Masdar PV

Fast Facts

Masdar PV is producing advanced

amorphous silicon photovoltaic modules

that are eight times larger and five times

more powerful (in total watt) than

industry standard modules

High-volume manufacturing of thin film

PV requires less than 1% of

semiconductor material compared to

traditional PV, which means this

technology can rapidly drive down the

cost of PV to bring it closer to grid-parity

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Profile of Masdar Power projects – Sir Bani Yas

Onshore wind farm

Sir Bani Yas

Fast Facts

Sir Bani Yas is a natural Island located

250 km southwest of Abu Dhabi city

TDIC promotes Sir Bani Yas Island as

a premier tourist destination.

Masdar has an agreement with TDIC to

develop renewable energy projects on

the island

First project is a wind farm with a

capacity of between 20 and 30MW

Commissioning in 2012

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Profile of Masdar City

Total site area

Masdar City

Fast Facts

700 hectares

3.7 million sqm

GFA

Residential

Commercial

Retail

Community

52%

38%

2%

8%

Projected resident

population40,000

Projected commuters 50,000

Residential density140 people /

hectare

Peak daily density245 people /

hectare

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Up to 30% of electricity provided by 1MW rooftop solar PV

Built 10MW solar PV farm

75% of hot water provided by rooftop solar thermal collectors

Sustainability at Every Corner

Energy demand

Renewable energy

Water demand

Waste management

Low carbon materials

51% less energy in residential units

55% reduction in building external heat gain

54% less water consumption in residential units

96% of construction waste reused or recycled

Used low carbon aluminum and concrete mixes in

buildings’ infrastructure