TAQA executives will host an analyst call on Wednesday, 15 August 2007 at 1800 hours Abu Dhabi, UAE time (GMT +4 hours) to comment on earnings and market developments.
Peter Barker Homek, Chief Executive Officer of Abu Dhabi National Energy Company PJSC (TAQA) will host the one-hour call and answer analyst questions.
Analysts from AG Edwards, Argus Research, Banc of America Securities, BMO Capital Markets, Citigroup Investment Research, Deutsche Bank Securities, JP Morgan Securities, Lehman Brothers, Merrill Lynch & Company, and Wachovia Securities are expected to participate.
TAQA carries an Aa2 and AA- credit rating and was recently presented Best Borrower of the Year 2007 by Euromoney Awards.
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Abu Dhabi National Energy Company PJSC executives to comment on earnings and market developments on analyst call
- United Arab Emirates: Sunday, August 05 - 2007 at 10:41
- PRESS RELEASE
Abu Dhabi National Energy Company (TAQA PJSC) executives have said the company will discus its financial results for Q2 2007 on 15 August.
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For the benefit of investors and media representatives, a transcript of the call will be made available later on the company's website.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 Medilyn Manibo, Assistant News EditorSunday, August 05 - 2007 at 10:41 UAE local time (GMT+4)
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