Investors
Full name | Abu Dhabi National Energy Company PJSC (TAQA) | |
Nature of business | Power and water generation, transmission and distribution as well as upstream and midstream oil and gas operations. | |
Revenue* (FY 2020) | AED 41.2 billion (US$11.2 billion) | |
Net income* (FY 2020) | AED 2.8 billion (US$759 million) | |
Total assets (YE 2020) | AED 186.7 billion (US$50.8 billion) | |
Regulated asset base (YE 2020) |
AED 80.1 billion (US$21.8 billion) | |
Operating in | The United Arab Emirates as well as Canada, Ghana, India, Iraq, Morocco, Oman, the Netherlands, Saudi Arabia, the United Kingdom and the United States | |
Founded/listed | Founded June 2005, listed August 2005 on the Abu Dhabi Securities Exchange (ADX; ticker: TAQA) | |
Shareholders |
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Power and water networks (YE 2020) | ~80,000 km power / 20,000km water (transmission and distribution) | |
Power generation capacity (YE 2020)*** | 22.6^ gigawatts (GW) | |
Water desalination capacity (YE 2020)*** | 913 million imperial gallons per day (MIGD) or 4.2 million cubic metres per day | |
Oil and gas production (FY 2020) | 118.0 thousand barrels of oil equivalent per day |
Note: US$1.00 = AED 3.6725; 1 cubic metre ≈ 220 million imperial gallons (MIG)
* Proforma consolidate financials as if the July 2020 transaction with ADPower was completed on 1 January 2020.
** Abu Dhabi Power Corporation (ADPower) is a wholly owned subsidiary of ADQ, one of the wholly owned strategic investment companies of the Emirate of Abu Dhabi
*** Gross installed capacity as at Commercial Operations Date (“COD”)
^ Includes 1GW captive capacity within Sohar Aluminium smelter