Abu Dhabi National Energy Co - Company Profile
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Abu Dhabi National Energy Co (TAQA), a subsidiary of Abu Dhabi Power Corp, is an integrated utilities company operating in the power, water, and oil and gas sectors. The company provides energy and water solutions, focusing on sustainable and reliable services. TAQA's offerings include power generation, water desalination, and oil and gas exploration and production. The company serves governments, businesses, and consumers, providing essential resources for various applications across multiple industries. TAQA operates in numerous countries, including the UAE, Canada, Ghana, India, Morocco, Netherlands, Oman, Saudi Arabia, United Kingdom, and United States. TAQA is headquartered in Abu Dhabi, the UAE.
Headquarters
United Arab Emirates
Address
Al Maryah Island, P.O.Box 55224, Abu Dhabi
Website
www.taqa.com
Telephone
971 2 6914900
No of Employees
7,423
Industry
Power
Ticker Symbol & Exchange
TAQA (ABD)
Revenue (2025)
$14.9B
-0.7%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
5.6%
(2025 vs 2024)
Market Cap*
$73.5B
Net Profit Margin (2025)
XYZ
6.3%
(2025 vs 2024)
* As of and is in US$
Abu Dhabi National Energy Co premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Water | Desalination |
| Natural Gas | Gas Storage |
| Crude Oil | Operation and Maintenance |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company, Emirates Global Aluminium, DUBAL Holding, and Emirates Water and Electricity Company signed agreements to decarbonise EGA’s aluminium production and expand renewable and clean energy development in Abu Dhabi, the UAE. |
| 2025 | Contracts/Agreements | In December, the company, in a consortium, signed a power purchase agreement to develop a 200 MW floating solar photovoltaic project at the Chereh Dam in Pahang, Malaysia. |
| 2025 | Divestiture | In October, the company sold its entire stake in TAQA Neyveli Power Company to MEIL Energy. |
Competitor Comparison
| Key Parameters | Abu Dhabi National Energy Co | Shell plc | Canadian Natural Resources Ltd | Ovintiv Inc | Nebras Energy |
|---|---|---|---|---|---|
| Headquarters | United Arab Emirates | United Kingdom | Canada | United States of America | Qatar |
| City | Abu Dhabi | London | Calgary | Denver | Doha |
| State/Province | Abu Dhabi | England | Alberta | Colorado | - |
| No. of Employees | 7,423 | 85,000 | 10,640 | 1,623 | 1,239 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jasim Husain Thabet | Chief Executive Officer; Director; Managing Director | Executive Board | 2020 | - |
| Steve Ridlington | Chief Financial Officer | Senior Management | 2020 | - |
| Noel Aoun | Chief Strategy Officer | Senior Management | - | - |
| Mohammad Adnan Sharafi | Chief Legal Officer; Secretary | Senior Management | 2020 | - |
| Gareth Wynn | Chief Communications Officer | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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