Acquiring Company
Limad
Acquired Company
Abu Dhabi National Energy Company (Taqa)
Description
Limad has completed the acquisition of all shares in Abu Dhabi National Energy Company, known as Taqa. Following this full acquisition, Taqa is set to be delisted from the Abu Dhabi Securities Exchange. This move enhances Limad's investment portfolio and reflects its growth strategy in the region.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Abu Dhabi National Energy Company (Taqa)?
Abu Dhabi National Energy Company (Taqa) was acquired by Limad, based in Abu Dhabi. The deal was reported on August 26, 2026. Limad is a sovereign wealth fund established to manage and invest government assets. It focuses on expanding its investment portfolio across various sectors. Limad is privately held and operates in Government.
When did Limad acquire Abu Dhabi National Energy Company (Taqa)?
Limad's acquisition of Abu Dhabi National Energy Company (Taqa) was reported on August 26, 2026. Limad has completed the acquisition of all shares in Abu Dhabi National Energy Company, known as Taqa. Following this full acquisition, Taqa is set to be delisted from the Abu Dhabi Securities Exchange. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Abu Dhabi National Energy Company (Taqa) do?
Taqa is a diversified utilities and energy group established in 2005. It invests in power generation, water treatment, and oil and gas operations. Taqa operates in 26 countries, managing a wide range of energy-related assets. It is privately held, operating in Energy, and is based in Abu Dhabi.
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