The prestigious award recognizes TAQA for its innovative and long-term approach to project finance, as well as its ability to expand its global operations rapidly while protecting its coveted A+ (Standard and Poor's) credit rating.
In November 2006, TAQA raised the largest international bond issuance that has ever emerged from a Middle East-based company. The company set a new standard for the Middle East and North Africa (MENA) region with the largest straight bond issue (US$3.5 billion), the largest long bond (US$1.5 billion), and the largest Euro benchmark (€ 750 million).
"We believe that TAQA has been tremendously creative in its outreach to the world's capital markets. Given our current position, we are quietly confident that we will continue to grow quickly while generating positive returns for our shareholders," said Peter Barker Homek, CEO of Abu Dhabi National Energy Company PJSC.
Last year, TAQA was presented with the Emerging Market Deal of the Year and Middle East Corporate Bond of the Year 2006 awards by EuroWeek.
Browse
related articles
TAQA wins Euromoney award
- United Arab Emirates: Monday, June 18 - 2007 at 10:04
- PRESS RELEASE
The Abu Dhabi National Energy Company PJSC (ADSM: TAQA) this week has been awarded 'Best Borrower - Middle East and Northern Africa' by Euromoney.
Related stories
Also consider reading:
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Log in to request more information from TAQA
Notes and media contacts
About Abu Dhabi National Energy Company PJSC (TAQA)Abu Dhabi National Energy Company (TAQA) is a global energy company with investment capabilities in power generation, CHP, desalination, renewables, upstream oil/gas, pipelines, services, structured finance and the creation, syndication and management of assets. TAQA was founded in Abu Dhabi in 2005 and listed on the Abu Dhabi Stock Exchange. At year end 2006 TAQA had in excess of AED 51bn in assets and generated AED 4.8bn revenue. The company currently has in excess of 10,000 MW (gross) of installed generation, upstream oil/gas production, gas processing, pipelines and natural gas storage. TAQA operates from its offices in Abu Dhabi, The Hague, Ann Arbor, Aberdeen and Amsterdam with alliance partners across the Gulf, Middle East, North Africa, Sub-Saharan Africa, Europe, Asia, and the United States.
Posted by Anne-Birte Stensgaard, Senior News EditorMonday, June 18 - 2007 at 10:04 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
It looks like you are using a Mac - check out our 
Web Feeds