Abu Dhabi’s Mubadala to develop electric car charging stations with France’s ENGIE

The UAE is in the early stages of a transition from oil and gas to cleaner energy sources.
Visitors look at screens displaying images of the Mohammed bin Rashid Al-Maktoum Solar Park on March 20, 2017.
Visitors look at screens displaying images of the Mohammed bin Rashid Al-Maktoum Solar Park on March 20, 2017, at the solar plant in Dubai. Dubai completed a solar plant big enough to power 50,000 homes as part of a plan to generate three-quarters of its energy from renewables by 2050. - STRINGER/AFP via Getty Images
Adam Lucente headshot (new)
Adam Lucente
@Adam_Lucente

The Emirati sovereign wealth fund Mubadala Investment Company signed a memorandum of understanding today with the French energy company ENGIE related to electric vehicles. 

Per the agreement, Mubadala and ENGIE will work to develop a “digital platform” for charging electric vehicles in Abu Dhabi. The platform will relate to the installation and operation of charging infrastructure for the vehicles, the official Emirates News Agency reported. 

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.

Videos

See more