TAQA Completes Transaction To Create One Of The Largest Utility Companies In EMEA (1 July 2020)
Abu Dhabi National Energy Company, TAQA, on Wednesday announced the successful completion of its transaction with Abu Dhabi Power Corporation, ADPower, creating one of the largest utility companies in the Europe, the Middle East and Africa, EMEA, region.
TAQA Delivers Third Year Of Profitability (18 March 2020)
TAQA achieved strong operational performance for the year with increased production levels across its businesses: power, water, oil and gas.
TAQA Set To Be Regional Utilities Champion Following Offer From ADPower (3 February 2020)
The Board of Abu Dhabi Power Corporation, ADPower, has said that it has submitted an offer to the Board of Abu Dhabi National Energy Company, TAQA.
TAQA Announces Receipt Of Offer From ADPower (3 February 2020)
The key terms of the offer are that ADPower would transfer certain assets to TAQA in exchange for 106,367,950,000 shares in TAQA and the termination of the land lease agreement between ADPower and TAQA.
TAQA Morocco Extends The Contract Of The Jorf Lasfar Power Plant For An Additional 17 Years (26 January 2020)
The Jorf Lasfar thermal power plant totals an overall capacity of 2,056 megawatts, helping to meet more than 40 percent of Morocco’s electricity needs.
TAQA Secures Greater Brae Area (GBA) Operatorship (17 January 2020)
TAQA has been appointed operator of the Greater Brae Area (GBA) in the central North Sea, subject to obtaining the consent of the Oil & Gas Authority (OGA).
ADPower, TAQA Sign MOU with France’s EDF (14 January 2020)
Abu Dhabi Power Corporation (ADPower) and Abu Dhabi National Energy Company (TAQA) announced the signing of a Memorandum of Understanding (MoU) with Electricite De France (EDF Group) to explore the establishment of a training and development program for UAE nationals.
Saudi Arabia’s TAQA & AlMansoori Petroleum Services Announces New Agreement To Penetrate The Hydraulic Fracturing Market In KSA (14 January 2020)
Saudi Arabia’s Industrialization and Energy Services Company (TAQA) announced today the signing of an agreement with AlMansoori Petroleum Services (AMPS).
TAQA Secures US$3.5 Billion Revolving Credit Facility (23 December 2019)
Abu Dhabi National Energy Company, TAQA, announced today that it has secured a US$3.5 billion revolving credit facility.
TAQA Successfully Completes Refinancing Of Group-Level RCF (23 December 2019)
Commenting on the news, Mohammed Al Ahbabi, Chief Financial Officer of TAQA, said: "TAQA’s funding exercises continue to be met with strong levels of interest from investors and lenders alike.
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