UAE

UAE’s Biggest Power Firm Taqa Plans Green Bonds and M&A Deals – EQ Mag

February 16, 2023

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The largest power producer in the United Arab Emirates plans to sell bonds and acquire assets this year, according to the company’s chief executive officer. Bolstered by gains at its oil and gas businesses, the utility known as Taqa wants to aims to expand in renewable energy projects as well as its main industries of […]

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UAE

TAQA, ADNOC wrap up Masdar deal with Mubadala – EQ Mag

December 12, 2022

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The transaction, announced last year, will help the clean energy company to grow rapidly on a global scale in the renewable and green hydrogen sectors Abu Dhabi National Energy Company, better known as Taqa, Mubadala Investment Company and Adnoc have completed a deal to become shareholders in the emirate’s flagship clean energy champion Masdar. This […]

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UAE

TAQA, ADNOC to buy stakes in Masdar’s renewables, H2 biz – EQ Mag Pro

June 22, 2022

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Abu Dhabi National Oil Company (ADNOC) and multi-energy and water utility Abu Dhabi National Energy Company PJSC (TAQA) have signed binding agreements to acquire stakes in renewables promoter Masdar from its sole owner, sovereign investor Mubadala Investment Company PJSC, it was announced today. The move is rooted in the December 2021 agreement between the Abu […]

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UAE

Aluminium maker EGA, partners team up to advance solar power in UAE – EQ Mag Pro

March 12, 2022

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Emirates Global Aluminium (EGA) is partnering with Abu Dhabi National Energy Company, known as Taqa, the Emirates Water and Electricity Company (Ewec) and Dubal Holding to develop more solar generation capacity in the UAE and decarbonize aluminium production. The partnership, which is pending approvals, will help EGA achieve net-zero by 2050 and support Ewec’s strategy to […]

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UAE

Abu Dhabi’s Taqa and EWEC price first green bond linked to solar PV plant – EQ Mag Pro

January 19, 2022

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The $700m placement is the largest green bond issued in the region Abu Dhabi National Energy Company (Taqa) and Emirates Water and Electricity Company (EWEC) have successfully priced green senior secured bonds for an aggregate principal amount of $700.8m by the Sweihan PV Power Company (SPPC). Issued at a 3.625 per cent coupon rate maturing […]

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