Acquiring Company
Abu Dhabi Power Corporation
Acquired Company
Abu Dhabi National Energy Company
Abu DhabiAbu DhabiEnergyRenewable EnergyWaterEnergyOil And GasRenewable EnergyDescription
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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M&A Insights
Based on deal dataFrequently asked
Who acquired Abu Dhabi National Energy Company?
Abu Dhabi National Energy Company was acquired by Abu Dhabi Power Corporation, based in Abu Dhabi. The deal was reported on August 27, 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 Abu Dhabi National Energy Company?
Abu Dhabi Power Corporation's acquisition of Abu Dhabi National Energy Company was reported on August 27, 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 Abu Dhabi National Energy Company do?
Abu Dhabi National Energy Company (Taqa) is one of the largest listed integrated utilities companies in Europe, the Middle East, and Africa. Taqa focuses on power generation and water desalination, contributing to the region's energy needs. It is privately held, operating in Energy, and is based in Abu Dhabi.
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