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)
  • ADPower (ADQ): 98.6%**
  • Public free float: 1.4%
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

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