The chief executive officer of Abu Dhabi’s largest renewables company said he prefers to stay private for now because the company is well funded — despite the regional boom in initial public offerings.
“If you have capital and it’s sufficient, why do you want to go public?” Masdar CEO
The company is planning $50 billion of new investments to reach its target of 100 gigawatts of clean power projects in which it holds stakes. The company plans to use about $15 billion of its own cash ...