Abu Dhabi National Energy Company PJSC (TAQA) – Introduction and background |
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TAQA (Abu Dhabi National Energy Company) is an integrated utilities and energy company with operations in electricity and water supply alongside upstream oil and gas.
Founded in 2005 to consolidate disparate upstream oil and gas and utilities businesses, TAQA has since shifted focus from an international energy investor into a predominantly regulated utilities provider, particularly following asset consolidation with Abu Dhabi Power Corporation. Its core operations include electricity generation, water desalination, and transmission networks, alongside legacy oil and gas assets. The company reported revenues of AED 54.8 billion for 2025.
TAQA began trading on the Abu Dhabi Securities Exchange (ADX) in 2005. The Abu Dhabi government directly controls over 90% of outstanding shares, making this a state-owned entity.
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