TAQA is an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents. The word TAQA means energy in Arabic.
TAQA strives to run its company safely and sustainably, operating to the highest ethical standards. The company is proud to align its strategy to Abu Dhabi’s Economic Vision 2030, a road map for a sustainable economy with a focus on knowledge-based industry.
TAQA has investments in power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. The company's assets are located in Canada, Ghana, India, Iraq, Morocco, Oman, Saudi Arabia, the United Arab Emirates, Netherlands, United Kingdom and United States.
|Full name||Abu Dhabi National Energy Company PJSC (TAQA)|
|Nature of business||Oil and gas exploration and production, pipelines, underground gas storage, power generation and water desalination|
|2014 revenue||27.3 billion dirham|
|2014 loss||-3,010 million dirham|
|Total assets as at 31 Dec 2014||115 billion dirham|
|Number of employees||2,800|
|Operating in||North America, Europe, Middle East, North Africa and India|
|Listed||August 2005 on the Abu Dhabi Securities Exchange|
|Shareholders||- Abu Dhabi Water and Electricity Authority (ADWEA): 53.38 per cent
- Fund for the Support of Farm Owners: 21.67 per cent
- Other Abu Dhabi government entities: 0.37 per cent
- Public shareholders: 25.58%
|2014 power generation capacity||17,300 megawatt|
|2014 water desalination capacity||887 million imperial gallons a day|
|2014 oil and gas production||158,900 barrels of oil equivalent a day|
* $1.00 = 3.6725 dirham