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ADNOC has signed a $3 billion green financing agreement with the Japan Bank for International Cooperation (JBIC). This agreement follows a Heads of Agreement (HOA) signed in January and strengthens their long-standing partnership. The green financing will support ADNOC's decarbonization and energy transition initiatives, underscoring the UAE's commitment to alternative energy and leadership in green energy production in the Gulf.

ADNOC Signs $3B Deal with JBIC for Green Financing Facility

ADNOC has signed a $3 billion green financing agreement with the Japan Bank for International Cooperation (JBIC). This agreement follows a Heads of Agreement (HOA) signed in January and strengthens their long-standing partnership. The green financing will support ADNOC’s decarbonization and energy transition initiatives, underscoring the UAE’s commitment to alternative energy and leadership in green energy production in the Gulf.

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