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Company News - TAQA


TAQA Closes Financing For Morocco Power Plant Expansion (29 January 2013)
Abu Dhabi National Energy Company PJSC (TAQA) has signed final agreements marking the close of the USD 1.4 billion equivalent project financing for the expansion of the Jorf Lasfar power plant in Morocco.

TAQA Completes Financing For Ghana Power Plant Expansion (27 January 2013)
Abu Dhabi National Energy Company PJSC (TAQA) and its partner, Volta River Authority (VRA), have completed the USD 330 million financing for the expansion of the Takoradi 2 power plant in Ghana.

TAQA Confirms Initial Flows In Brent Pipeline System (17 January 2013)
Abu Dhabi National Energy Company PJSC (TAQA) confirms that initial flows of crude oil have resumed in the Brent pipeline system following a precautionary shutdown on Monday.

TAQA Starts Pilot For Solar Cooling Technology In Abu Dhabi (14 January 2013)
Abu Dhabi National Energy Company PJSC (TAQA) and Chromasun Inc. (Chromasun), the California-based solar panel manufacturer, have begun a pilot project for roof-top solar air-conditioning in Abu Dhabi.

TAQA Expands In India With Hydroelectric Project (13 January 2013)
Construction of the Sorang hydroelectric project is 85% complete and the plant is expected to begin operations in 2013. It will be powered by the Sorang Khad, a river originating in the Himalayas, and will supply electricity to the northern states of India, a region currently facing power shortages.

TAQA Expands In North America With Wind Power Investment (9 January 2013)
Abu Dhabi National Energy Company PJSC (TAQA) has agreed to buy a 50% interest in the 205.5 megawatt (MW) Lakefield wind project located in the Midwestern United States from a subsidiary of France-based utility Electricite de France SA (EDF).

TAQA Launches New Global Stakeholder Magazine (18 December 2012)
Abu Dhabi National Energy Company PJSC (TAQA) has published the first edition of its new global magazine.

TAQA Acquires Operating Interest In Kurdistan Block (1 December 2012)
Abu Dhabi National Energy Company PJSC ("TAQA") has signed an agreement to acquire a 53.2% interest in the Atrush block in the Kurdistan region of Iraq from General Exploration Partners, Inc., an affiliate of Aspect Holdings, LLC.

TAQA Acquires Operating Interest In Kurdistan Block (30 November 2012)
Abu Dhabi National Energy Company PJSC ("TAQA") has signed an agreement to acquire a 53.2% interest in the Atrush block in the Kurdistan region of Iraq from General Exploration Partners, Inc., an affiliate of Aspect Holdings, LLC.

TAQA Disposes Of Stake In WesternZagros (30 November 2012)
TAQA purchased 74 million common shares in WesternZagros at CDN$0.63 per share for a total amount of CDN$46.6 million in October 2011.


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