United Arab Emirates, July 13 -- Masdar, a global clean energy leader, announced financial close for the world's first gigascale 24/7 renewable energy project, marking a defining milestone in the commercialization of the next generation of clean energy infrastructure. Backed by a consortium of 13 leading international and local banks, the US$5.1 billion financing package demonstrates strong market confidence in both the project's commercial viability and Masdar's ability to deliver complex energy infrastructure at scale.Representing a total capital investment of US$6.1 billion, with Masdar funding US$1 billion of equity, the RTC project is being developed in Abu Dhabi by Masdar and Emirates Water and Electricity Company (EWEC). Integrating ...