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Taqa acquires Transmission Investment in UK deal

Apr 20, 20258 months ago

Acquiring Company

TAQA Group

Acquired Company

Transmission Investment

Abu DhabiLondonOil And GasEnergyRenewable EnergyOil And GasEnergy

Description

Abu Dhabi National Energy Company (Taqa) has acquired 100 percent of Transmission Investment, enhancing its position in the offshore electricity transmission sector. This acquisition will bolster Taqa's capabilities and support its international growth strategy. With the integration of TI, Taqa aims to contribute to the UK's energy transition and sustainability goals.

Company Information

Company

TAQA Group

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

TAQA, established in 2005, is a diversified utilities and energy group headquartered in Abu Dhabi, United Arab Emirates. Listed on the Abu Dhabi Securities Exchange (ADX: TAQA), the company is a fully integrated utility provider with extensive operations across power and water generation, transmission, and distribution. In addition to its utility business, TAQA also operates in the upstream and midstream oil and gas sectors. The company’s global asset portfolio spans across Canada, Ghana, India, Morocco, Oman, Saudi Arabia, the UAE, the Netherlands, the United Kingdom, and the United States.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed