Profile: TAQA | Abu Dhabi National Energy Co.

ABU DHABI SECURITIES EXCHANGE (ADX)Trading Hours: Sun - Thu 10:00 am-2:00 pm

Abu Dhabi National Energy Co. TAQA
TAQA 2.04%
Energy 2.94%
ADI 0.03%
Last Value
% Change
Price in AED Last Update : 02 Aug 2017 12:00 pm (local time)


Corporate Details
Symbol TAQA
Exchange Abu Dhabi
Sector Energy
Auditors Ernst & Young
Company Description

Abu Dhabi National Energy Company (TAQA) is a global energy investment Company with strategic and financial investments in Oil & Gas, Power, Water, Infrastructure and Mining sectors across Middle East, Asia, Europe and Africa. TAQA is a subsidiary of Abu Dhabi Water and Electricity Authority and is headquartered in Abu Dhabi. TAQA has investments in over sixty companies locally and internationally.

Company Activities

The Company is the largest independent power producer in the Middle East and North Africa (MENA) and the largest owner of power generation and water desalination assets in the United Arab Emirates. TAQA's core business activities include Oil and gas exploration and production, power generation and water desalination and Energy Solutions.

Equity Profile
Date Established Jul 6, 2005
Listing Date Sep 10, 2005
Paid-up Capital (AED) 6,225,000,000
Outstanding Shares 6,225,000,000
Shares Per Value 1
Contact Information

Abu Dhabi National Energy Company PJSC (TAQA), Al Maqam Tower (Tower 3), Sowwah Square, Al Maryah Island P.O. Box 55224, Abu Dhabi, U.A.E

+971 2 691 4900

+971 2 641 3286



Company History

TAQA was established pursuant to Emiri Decree (16) of 2005 as a public joint stock company with the Abu Dhabi Water and Electricity Authority (“ADWEA”) as its founding shareholder holding a 51% equity interest. Accordingly, the Company is a subsidiary of ADWEA.

Board Members & Senior Management
H. E. Hamad Al Hurr Al-Suwaidi Chairman
Mr. Carl Sheldon CEO
H. E. Abdulla Saif Al-Nuaimi Board of Directors
H.E. Abdulaziz Al Hemaidi Board of Directors
H.E. Ahmed Mohamed Al Mehairi Board of Directors
H.E. Saeed Mubarak Al-Hajeri Board of Directors
H.E. Salem Sultan Al Dhaheri Board of Directors
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