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TAQA and Turkish Energy Ministry agree to form joint committee to explore future energy investment opportunities
(22 May 2012)

 

A delegation from Abu Dhabi National Energy Company PJSC (“TAQA”) has made a formal visit to Turkey to discuss ways of developing the relationship between Abu Dhabi and Turkey and to identify investment opportunities in Turkey’s energy sector.

The TAQA delegation was led by H.E. Hamad Al-Hurr Al-Suwaidi, Chairman of TAQA’s Board and Chairman of the Abu Dhabi Department of Finance. Also present were the UAE’s ambassador to Turkey H.E. Khalid Khalifa Al Mualla; Vice-Chairman of TAQA’s Board H.E. Abdulla Saif Al-Nuaimi; CEO of TAQA Carl Sheldon, and TAQA’s Executive Officer Power & Water Frank Perez.

The programme for the visit included meetings between the TAQA delegation and representatives from the Turkish Energy Ministry, led by the Turkish Energy Minister Taner Yildiz. As a result of these meetings, TAQA and the Turkish Energy Ministry have agreed to form a joint committee to discuss the investment opportunities available in the energy sector in Turkey. During the visit a meeting also took place between TAQA’s H.E. Hamad Al-Hurr Al-Suwaidi and Turkey’s Minister of Finance Mehmet ھim؛ek.

H.E. Hamad Al-Hurr Al-Suwaidi, Chairman of TAQA said: “This visit has further strengthened the relationship between Turkey and Abu Dhabi, and has been a successful follow-up to the official visit made in March by His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces.”

Carl Sheldon, CEO of TAQA said: “Developing our international power business in the Middle East and North Africa region is a core to TAQA’s growth strategy. We have ambitious plans for growth and consider Turkey to be an attractive market offering a range of investment opportunities. We look forward to working more closely with the Turkish Energy Ministry in the future.”

 



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