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The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), has appointed Carl Sheldon, Chief Executive Officer of the company. He succeeds H.E. Abdulla Saif Al Nuaimi, who stepped down as TAQA’s Chief Executive Officer in July 2011 to focus on his role as director general of Abu Dhabi Water and Electricity Authority (ADWEA).
H.E Hamad Al Hurr Al Suwaidi, Chairman of the TAQA board, commented: “Carl has been a vital asset to the business during the past two years as TAQA’s General Manager. Carl will continue to lead the company in the right direction to deliver value to our shareholders. The board is confident in Carl’s continued success .”
Mr. Sheldon will remain member of the board of directors of TAQA.
About TAQA
Abu Dhabi National Energy Company (TAQA) is a global energy company majority owned by the Abu Dhabi Government and listed on the Abu Dhabi Securities Exchange. Main activities include their oil and gas business, power generation and water desalination across four continents.
TAQA is one the largest independent power producer in the world and the majority owner of the facilities that provide 98 per cent of the water and electricity requirements in the Emirate of Abu Dhabi. TAQA’s power plants are located in the United Arab Emirates, Morocco, Oman, Saudi Arabia, Ghana, India, and the United States.
With operations in Canada, the United Kingdom, the Netherlands and the United States, TAQA’s oil and gas business includes exploration and production, gas storage and pipeline transportation.
Their entrepreneurial culture, along with a commitment to people, safety and the environment, has created strong foundations for the long-term sustainable growth of their business.
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