Company Insights Abu Dhabi National Energy Company (Taqa) Energy Abu Dhabi National Energy Company (Taqa) News Analysis Energy Aramco, Adnoc and the long road to decarbonisation As some of the world’s biggest carbon emitters, the Gulf’s national oil companies have come under considerable scrutiny in recent years. Several are now ramping up their decarbonisation efforts in response to the deepening climate crisis and tougher targets for environmental, social, and corporate governance. In October last year Saudi Aramco, the world’s largest oil-exporting […] October 28, 2022 Analysis Energy How the UAE and UK can reap multi-billion hydrogen rewards The UK and UAE could create up to 100,000 new jobs each in the hydrogen sector by maximising opportunities for collaboration, which may also include a joint investment vehicle. A report by the World Green Economy Organisation (WGEO) and UAE-based sustainability consultancy Zest Associates concludes the two countries can become “influential players in this emerging […] October 14, 2022 Energy TAQA refinances $1.1bn facility of Mirfa power and water project Abu Dhabi National Energy Company (TAQA) said that its majority-owned subsidiary, Mirfa International Power and Water Company (MIPCO), has refinanced a AED 4 billion ($1.09 billion) debt facility. MIPCO owns and operates the Mirfa Power and Water Plant (Mirfa IWPP). The company is 60 percent owned by TAQA, with France’s ENGIE and Japan’s Sojitz owning […] September 21, 2022 Energy Arabian Drilling plans to list 30% of shares on Saudi exchange Saudi Arabia-based oil and gas drilling contractor Arabian Drilling is planning an initial public offering (IPO) on the kingdom’s main exchange. The offer consists of a secondary offering of 19.89 percent of the company’s total share capital through the sale of 17.70 million shares and a primary offering of 10.11 percent via the issuance of […] September 19, 2022 Banking and Finance Abu Dhabi to monetise stake in state energy company TAQA Abu Dhabi-based investment and holding company ADQ has entered into an agreement to monetise an 8.6 percent stake in Abu Dhabi National Energy Company (TAQA) to Multiply Group, Abu Dhabi Pension Fund and other prominent investors, WAM, the UAE state news agency, reported. Abu Dhabi-listed TAQA has significant investments in power and water generation, transmission […] September 14, 2022 Energy UAE companies to acquire stakes in Uzbekistan’s power plants Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company (TAQA) have signed agreements to invest in the privatisation of two gas-fired power generation plants in the Talimarjan power complex in Uzbekistan, WAM, the UAE state news agency, reported. The binding agreements will see Mubadala and TAQA each acquire a 40 percent stake in two […] September 11, 2022 Saudi utility firm to pre-qualify bidders for water pipeline project State-owned utility services provider Saudi Water Partnerships Company (SWPC) has issued a request for proposals (RFPs) to pre-qualified bidders for the development of the Rayis-Rabigh Independent Water Transmission Pipeline (IWTP) project that will have a 500,000 cubic metre per day transmission capacity. The 150-kilometre long pipeline project is expected to be completed in the fourth […] August 28, 2022 Energy TAQA approached as part of Indian energy firm’s fund raising UAE’s Abu Dhabi National Energy Company (TAQA) is among a list of global utilities and energy companies approached by India’s NTPC Ltd, as the power utility firm starts fundraising for its clean energy platform, financial daily Economic Times reported. The company plans to first carve out its renewable energy assets into a special purpose vehicle […] August 17, 2022 Analysis Energy UK firms look to power the UAE’s energy transition The UAE’s commitment to a net zero future is being increasingly recognised worldwide and capturing the attention of global partners including Britain. A case in point is London-based Desolenator, the world’s first solar thermal desalination technology company, delivering net-zero clean water at scale to companies and communities. It uniquely uses both solar-generated heat and electricity […] August 8, 2022 Energy Masdar takes lead as Azerbaijan sets ambitious green targets Masdar, the Abu Dhabi-based renewable energy company, announced on Tuesday that it has achieved financial close for its 230mw Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan. The project, the country’s first foreign investment-based independent solar power project and Masdar’s first in Azerbaijan, is co-financed by Abu Dhabi Fund for Development, the Asian Development Bank, the […] August 2, 2022 Posts navigation Previous 1 … 9 10 11 Next
Analysis Energy Aramco, Adnoc and the long road to decarbonisation As some of the world’s biggest carbon emitters, the Gulf’s national oil companies have come under considerable scrutiny in recent years. Several are now ramping up their decarbonisation efforts in response to the deepening climate crisis and tougher targets for environmental, social, and corporate governance. In October last year Saudi Aramco, the world’s largest oil-exporting […] October 28, 2022
Analysis Energy How the UAE and UK can reap multi-billion hydrogen rewards The UK and UAE could create up to 100,000 new jobs each in the hydrogen sector by maximising opportunities for collaboration, which may also include a joint investment vehicle. A report by the World Green Economy Organisation (WGEO) and UAE-based sustainability consultancy Zest Associates concludes the two countries can become “influential players in this emerging […] October 14, 2022
Energy TAQA refinances $1.1bn facility of Mirfa power and water project Abu Dhabi National Energy Company (TAQA) said that its majority-owned subsidiary, Mirfa International Power and Water Company (MIPCO), has refinanced a AED 4 billion ($1.09 billion) debt facility. MIPCO owns and operates the Mirfa Power and Water Plant (Mirfa IWPP). The company is 60 percent owned by TAQA, with France’s ENGIE and Japan’s Sojitz owning […] September 21, 2022
Energy Arabian Drilling plans to list 30% of shares on Saudi exchange Saudi Arabia-based oil and gas drilling contractor Arabian Drilling is planning an initial public offering (IPO) on the kingdom’s main exchange. The offer consists of a secondary offering of 19.89 percent of the company’s total share capital through the sale of 17.70 million shares and a primary offering of 10.11 percent via the issuance of […] September 19, 2022
Banking and Finance Abu Dhabi to monetise stake in state energy company TAQA Abu Dhabi-based investment and holding company ADQ has entered into an agreement to monetise an 8.6 percent stake in Abu Dhabi National Energy Company (TAQA) to Multiply Group, Abu Dhabi Pension Fund and other prominent investors, WAM, the UAE state news agency, reported. Abu Dhabi-listed TAQA has significant investments in power and water generation, transmission […] September 14, 2022
Energy UAE companies to acquire stakes in Uzbekistan’s power plants Mubadala Investment Company (Mubadala) and Abu Dhabi National Energy Company (TAQA) have signed agreements to invest in the privatisation of two gas-fired power generation plants in the Talimarjan power complex in Uzbekistan, WAM, the UAE state news agency, reported. The binding agreements will see Mubadala and TAQA each acquire a 40 percent stake in two […] September 11, 2022
Saudi utility firm to pre-qualify bidders for water pipeline project State-owned utility services provider Saudi Water Partnerships Company (SWPC) has issued a request for proposals (RFPs) to pre-qualified bidders for the development of the Rayis-Rabigh Independent Water Transmission Pipeline (IWTP) project that will have a 500,000 cubic metre per day transmission capacity. The 150-kilometre long pipeline project is expected to be completed in the fourth […] August 28, 2022
Energy TAQA approached as part of Indian energy firm’s fund raising UAE’s Abu Dhabi National Energy Company (TAQA) is among a list of global utilities and energy companies approached by India’s NTPC Ltd, as the power utility firm starts fundraising for its clean energy platform, financial daily Economic Times reported. The company plans to first carve out its renewable energy assets into a special purpose vehicle […] August 17, 2022
Analysis Energy UK firms look to power the UAE’s energy transition The UAE’s commitment to a net zero future is being increasingly recognised worldwide and capturing the attention of global partners including Britain. A case in point is London-based Desolenator, the world’s first solar thermal desalination technology company, delivering net-zero clean water at scale to companies and communities. It uniquely uses both solar-generated heat and electricity […] August 8, 2022
Energy Masdar takes lead as Azerbaijan sets ambitious green targets Masdar, the Abu Dhabi-based renewable energy company, announced on Tuesday that it has achieved financial close for its 230mw Garadagh Solar Photovoltaic (PV) Plant in Azerbaijan. The project, the country’s first foreign investment-based independent solar power project and Masdar’s first in Azerbaijan, is co-financed by Abu Dhabi Fund for Development, the Asian Development Bank, the […] August 2, 2022
