Mohammed Mubaideen, the head of Abu Dhabi National Energy Co's (Taqa) investor relations has said the company could spend $272.3m to buy a 90% stake in a water and power plant owned by the emirate's utility provider, Arabic daily al-Khaleej has reported. The firm plans to buy Abu Dhabi Water and Electricity Authority's stake in the Fujeirah 2 plant, Mubaideen was quoted as saying.
Subscribe to MEED to receive your choice of premium newsletters
 |
 |
 |
 |
Identify and track projects across the Middle East and North Africa through MEED Projects. Subscribers can track projects, conduct trend analysis, forecast, produce strategic reports and ultimately win new business.
Middle East data, research and analysis - from broad macroeconomic statistics to specific sector data, MEED Insight can help you accurately and cost effectively forecast market growth and trends.
MEED Events provide high profile speakers, relevant and critical business content and the latest news from across the GCC. With a portfolio that includes large-scale summits, two-day industry specific conferences and unique networking opportunities.
Site powered by Webvision
Share
