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ADPC completes full takeover of Taqa

PRIVATEAug 13, 2026

Acquiring Company

Abu Dhabi Power Corporation

Acquired Company

TAQA Group

Abu DhabiAbu DhabiEnergyRenewable EnergyWaterEnergyOil And GasRenewable EnergyBiomass Energy

Description

Abu Dhabi Power Corporation (ADPC) has successfully acquired 100% of Abu Dhabi National Energy Company (Taqa), making ADPC the sole shareholder. This acquisition follows a mandatory process that was verified by Abu Dhabi Depository LLC. Taqa will proceed with its delisting from the Abu Dhabi Securities Exchange after receiving regulatory approvals.

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Company Information

Company

Abu Dhabi Power Corporation

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Abu Dhabi Power Corporation (ADPC) is the sole entity responsible for providing and distributing electricity and water in Abu Dhabi. It plays a crucial role in supporting the infrastructure of the Emirate and ensuring a reliable supply of energy. ADPC manages several power plants and water desalination facilities.

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Frequently asked

Who acquired TAQA Group?

TAQA Group was acquired by Abu Dhabi Power Corporation, based in Abu Dhabi. The deal was reported on August 13, 2026. Abu Dhabi Power Corporation (ADPC) is the sole entity responsible for providing and distributing electricity and water in Abu Dhabi. Abu Dhabi Power Corporation is privately held and operates in Energy.

When did Abu Dhabi Power Corporation acquire TAQA Group?

Abu Dhabi Power Corporation's acquisition of TAQA Group was reported on August 13, 2026. Abu Dhabi Power Corporation (ADPC) has successfully acquired 100% of Abu Dhabi National Energy Company (Taqa), making ADPC the sole shareholder. This acquisition follows a mandatory process that was verified by Abu Dhabi Depository LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TAQA Group do?

TAQA, established in 2005, is a diversified utilities and energy group headquartered in Abu Dhabi, United Arab Emirates. It is privately held, operating in Energy, and is based in Abu Dhabi.

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