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The power-hungry Abu Dhabi National Energy Company (doing business as TAQA) has become a global player in just a few short years. TAQA operates in three segments -- power generation and water desalination (83% of its business); exploration and production (13%); and storage, transportation, and processing infrastructure (4%). Its six domestic subsidiaries have a generating capacity of 9,400 MW and provide 90% of Abu Dhabi's power and water supply. The company also has an international presence after a series of acquisitions in 2007 and 2008. TAQA is 51% controlled by the government owned Abu Dhabi Water and Electricity Authority.
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| | | Contact Information | |
Address: |
PO Box 55224
Abu Dhabi, United Arab Emirates
| | Phone: | +971-2691-4900 | | Fax: | +971-2641-3286 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 4572.80 M | | Revenue Growth (1 yr): | 101.50% | | Employees (2008): | 2,734 | | Employee Growth (1 yr): | 14.70% |
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Key People
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General Manager:
Carl Sheldon
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CFO:
Douglas (Doug) Fraser
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Chief of Staff, GVP Corporate Communications:
Abdulla Khunji
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