Key financial information

We have a balanced portfolio across the entire energy value chain

Combining world-class expertise and a dynamic and exciting portfolio of assets, TAQA has been transformed from a start-up into a truly global operator within the space of seven years.

Full name Abu Dhabi National Energy Company PJSC
Nature of business Oil and gas exploration and production, power generation and water desalination and Energy Solutions
2013 revenue AED 25.8 Bn - USD 7.0 Bn
2013 loss AED 2,519 Mn - USD 685.8 Mn
Total assets as at 31 Dec 2013 AED 121.9 Bn - USD 33.2 Bn
Number of employees 2,800
Operating in North America, Europe and Greater MENA (Middle East, North Africa and India)
Founded June 2005
Listed August 2005
Abu Dhabi Securities Exchange
Principal shareholders Abu Dhabi Government and Government agencies 74.4%
Public shareholders 25.6%
Power generation capacity 16,395 MW
Water desalination capacity 887 MIGD
Oil & Gas production 142.4 mboepd

* US$1.00 (United States dollar) = AED3.6725 (UAE dirhams)