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Taqa acquires Transmission Investment in UK deal

Apr 20, 2025

Acquiring Company

TAQA Group

Acquired Company

Transmission Investment

Abu DhabiLondonEnergyOil And GasRenewable EnergyBiomass EnergyEnergyOil And GasRenewable Energy

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.

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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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Frequently asked

Who acquired Transmission Investment?

Transmission Investment was acquired by TAQA Group, based in Abu Dhabi. The deal was reported on April 20, 2025. TAQA, established in 2005, is a diversified utilities and energy group headquartered in Abu Dhabi, United Arab Emirates. TAQA Group is privately held and operates in Energy.

When did TAQA Group acquire Transmission Investment?

TAQA Group's acquisition of Transmission Investment was reported on April 20, 2025. Abu Dhabi National Energy Company (Taqa) has acquired 100 percent of Transmission Investment, enhancing its position in the offshore electricity transmission sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Transmission Investment do?

TI is a leading UK-based energy and utility investment platform specializing in offshore electricity transmission. Established in 2009, it has become one of the largest players in the offshore sector with substantial assets under management. It is privately held, operating in Energy, and is based in London.

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