TAQA's dividend doubled year on year

Notes and media contacts

Contact Details:

UAE
Daniela Fleischmann, Capital MS&L
+ 971 4 367 6164

Mohammed Mubaideen
+971 50 813 0752

London
Nick Bastin, Capital MS&L
+ 44 20 7307 5330 / +44 7855 866 478

Anna Mitchell, Capital MS&L
+ 44 20 7307 5330 / +44 7789 637 174

About Abu Dhabi National Energy Company PJSC (TAQA)
Founded in 2005, TAQA (the Abu Dhabi National Energy Company PJSC) is a global energy company with a growing asset base that exceeds Dhs72bn ($20bn). One of the largest companies listed on the Abu Dhabi Securities Market (ADSM), with 2007 revenues of more than Dhs8bn ($2bn), TAQA is a flagship corporation for the Government of Abu Dhabi.

TAQA's strategic goal is to build and operate a geographically diverse global portfolio of energy businesses across the value chain. It has operations in power generation, water desalination, upstream oil/gas, pipelines, and gas storage.

TAQA employs 2,300 people from 38 different nations and operates from its offices in: Abu Dhabi; Ann Arbor, Michigan; Aberdeen; Amsterdam; Calgary and The Hague. This footprint is further extended through alliances with partners across Africa, the Middle East, Europe, North America and India.

TAQA carries Aa2 and AA- credit ratings from Moody's and S&P respectively.