Press Release

TAQA pledges 150,000 USD to Ease Gaza Suffering

Abu Dhabi, United Arab Emirates – The Abu Dhabi National Energy Company PJSC (TAQA) today announced that it has donated 150,000 US dollars (USD), through the United Nations Global Compact, to help ease the suffering of the people of Gaza.As the armed conflict drags on, current estimates suggest that at least one million people are without electricity and 750,000 without water in Gaza. Many are also in dire need of shelter, food and emergency healthcare. Reports estimate that the cost of repairing Gaza is already in excess of US$ 1.9 billion.Peter E. Barker-Homek, CEO of TAQA said, “TAQA is fully committed to help ease the suffering of the people of Gaza. Over 1.5 million people are known to have been drastically affected by the current humanitarian crisis in the region.  By supporting the United Nations, we hope to make a valuable contribution to improving the lives of the huge number of people whose lives have been turned upside down by the devastating events.”TAQA has pledged the donation to the UN Central Emergency Response Fund (CERF), the UN’s central donation facility, who collect contributions year-round to help ensure that funds are on-hand to allow for immediate humanitarian relief in emergencies.- ENDS -Contact Information for Media:
Allan Virtanen
TAQA Media Relations, Abu DhabiTel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqa.comAbout TAQAEstablished in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA’s power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA’s oil and gas business includes exploration and production, underground gas storage and pipeline transportation.Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation. TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development. For more information about TAQA visit: www.taqa.com or Twitter: @TAQAGLOBAL