Mubadala and BlackRock invest in ADNOC Gas IPO

By Global Infrastructure Sherpa · Mar 3, 2025

Investment Utilities announced UAE Mar 3, 2025

ADNOC Gas attracted BlackRock and Mubadala as anchor investors for its IPO, raising $2.5 billion.

Timeline

Announced

Mar 3, 2025

Signed

Closed

Counterparts (3)

Investor

company · 2 deals

Mubadala Investment Company is a sovereign wealth fund that invests across a variety of sectors and ...

company · 2 deals

BlackRock is a global asset manager and technology provider. They offer investment products, technol...

issuer

company · 1 deals

ADNOC is a diversified energy group wholly owned by the Abu Dhabi Government. They are focused on ma...

Market Context

This deal is part of the Utilities sector in UAE.

65

Utilities deals

36

deals in UAE

Source

1 of 65 Utilities deals tracked this month · Updated daily

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