Taqa acquires Transmission Investment in UK deal
04/20/25, 11:56 PM
Location
abu dhabi
londonIndustry
oil and gas
energy
renewable energy
oil and gas
energy
Abu Dhabi National Energy Company (Taqa) has acquired 100 percent of Transmission Investment, enhancing its position in the offshore electricity transmission sector. This acquisition will bolster Taqa's capabilities and support its international growth strategy. With the integration of TI, Taqa aims to contribute to the UK's energy transition and sustainability goals.
Company Info
Location
Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates
Company info
TAQA, established in 2005, is a diversified utilities and energy group headquartered in Abu Dhabi, United Arab Emirates. Listed on the Abu Dhabi Securities Exchange (ADX: TAQA), the company is a fully integrated utility provider with extensive operations across power and water generation, transmission, and distribution. In addition to its utility business, TAQA also operates in the upstream and midstream oil and gas sectors. The company’s global asset portfolio spans across Canada, Ghana, India, Morocco, Oman, Saudi Arabia, the UAE, the Netherlands, the United Kingdom, and the United States.
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