“The cooperation agreement as the beginning of the partnership symbolically shows what the response to the global energy shortage must look like,” said Oliver Hermes, president and CEO of the Wilo Group. “We need the expansion of renewable energy generation on the one hand and the expansion of energy efficiency initiatives on the other. Only if we think about the supply and demand sides together can the ambitious energy transitions succeed worldwide.”
“The great challenges of our time can only be overcome together. We therefore firmly believe in the power of strong partnerships – such as between Wilo and Masdar,” added Hermes.
“This agreement unites two organizations with complementary strengths, delivering powerful synergies for our customers and communities, and embodying our vision for a cleaner, more efficient world,” said Husain Al Meer, Director Global Offshore Wind & UK at Masdar.
“It promises the advent of innovative, seamlessly integrated solutions, with Masdar supplying our green energy expertise and Wilo leveraging its cutting-edge cooling and heating technologies and manufacturing capabilities. This partnership will also strengthen our links with Germany – a vital market for us and a key focus of our investment strategy,”
The companies signed the agreement in the presence of North Rhine-Westphalia's Minister-President Hendrik Wüst.
The ceremonial signing took place at the Wilo Group’s recently expanded main production plant in Dubai, which the Minister-President was visiting as part of a four-day delegation trip through Qatar and the UAE.
