Browsing Tag

Taqa

UAE’s Mirfa 2 RO plant achieves financial closure, raises $620m

Abu-Dhabi-based Mirfa 2 water desalination project has secured funding of 2.3 billion dirhams ($620 million), achieving financial closure of what will become the UAE’s third-largest reverse osmosis plant. Abu Dhabi National Energy Co.,…

TAQA to invest over $3bn in Uzbekistan’s power sector

Uzbekistan’s power sector is set to receive a major boost after the UAE-based utilities firm Abu Dhabi National Energy Co. announced plans to invest over $3 billion in new and existing power plants. Also known as TAQA, the Abu Dhabi…

Taqa experiences significant profit surge in Q1 due to ADNOC Gas stake acquisition

Abu Dhabi National Energy Company, better known as Taqa, reported an almost sixfold jump in its first-quarter profit, boosted by its purchase of a 5 per cent stake in Adnoc Gas. Net income attributable to shareholders for the…