Consortium signed 25-year Power Purchase Agreements to build two greenfield combined cycle gas power plants with combined capacity of 3.6 GW
Abu Dhabi National Energy Company
TAQA Group reports 6% growth in revenue to $11.35 billion
Strong showing by Water Solutions and Transmission & Distribution as net income surges to $1.72 billion), up 13.2%
TAQA successfully prices $1.75bn dual-tranche bond offering
Prices a $850 million 12-year green bond at a coupon rate of 4.75%; $900 million 7-year conventional bonds bear a rate of 4.375%
Abu Dhabi’s TAQA adopts new brand identity, structure
Abu Dhabi Distribution Company and Al Ain Distribution Company to be merged into a single company called TAQA Distribution
Abu Dhabi’s TAQA completes acquisition of SWS Holding
The acquisition adds significant asset value and further enhances TAQA’s predictable cashflow profile and earnings
TAQA and JERA achieve financial closing of SATORP’s cogeneration plant
Build with cutting-edge technology, the plant in Jubail will supply 475MWs of power and nearly 452 tonnes per hour of steam
TAQA’s revenue soar to $7.4bn as SWS acquisition starts adding up
Adjusted EBITDA up 4% to $2.97 billion; CapEx at $1.03 billion due to the construction progress of two major RO projects
Abu Dhabi’s TAQA reports AED2.1bn net income for Q1 2024
The company said its earnings were bolstered by the recognition of contributions from SWS Holding
ADNOC, TAQA secure $2.2bn in financing for sustainable water supply project
Orascom Construction and Metito will construct the world-class seawater treatment facility, as well as the transportation and distribution network
Abu Dhabi exchange announces $1.5bn TAQA listing
Abu Dhabi National Energy Company lists $1.5bn bonds on ADX
Abu Dhabi’s TAQA reports $7.3bn H1 revenues
Abu Dhabi National Energy Company has met income of $3.7bn in first half of 2023
TAQA enters agreement to acquire SWS Holding for $460 million
It increase TAQA’s regulated asset base by more than 20 percent and help it expand into wastewater networks and treatment businesses
TAQA, Uzbekistan plans $3bn investment in power
These opportunities include new and existing power plants, as well as associated power infrastructure like transmission and distribution
TAQA acquires additional stake in Taweelah power and water plant
TAQA said it also entered into an agreement for the operations and maintenance of the Taweelah plant
TAQA posts 53% jump in net income to AED6.5 billion during Jan-Sept 2022
The company also posted a 14 percent increase in Group revenues to AED38.7 billion during the period
ADNOC, TAQA announce closure of $3.8 billion clean energy and decarbonisation transaction
The transaction is for replacing existing offshore gas turbine generators with Abu Dhabi Transmission and Despatch Company’s more sustainable power sources
TAQA to refinance Mirfa Power and Water Plant with $1.09 billion funding
The long-term financing raised by nine international and regional leading banks, will mature in 2024