Full name Abu Dhabi National Energy Company PJSC (TAQA)
Nature of business Power and water generation, transmission and distribution as well as upstream and midstream oil and gas operations.
Revenue (FY 2022) AED 50.0 billion (US$13.6 billion)
Net income (FY 2022) AED 8.0 billion (US$2.2 billion)
Total assets (YE 2022) AED 181.5 billion (US$49.4 billion)
Regulated asset base
(YE 2022)
AED 75.2 billion (US$20.5 billion)
Operating in The United Arab Emirates as well as Canada, Ghana, India, Iraq, Morocco, Oman, the Netherlands, Saudi Arabia, the United Kingdom and the United States
Founded/listed Founded June 2005, listed August 2005 on the Abu Dhabi Securities Exchange (ADX; ticker: TAQA)
  • Abu Dhabi Power Corporation (ADPC): 90.03%*
  • Multiply Group: 5.10%
  • Other Investors: 3.47%
  • Public free float: 1.40%
Power and water networks (YE 2022) 90,000 km power / 21,000km water (transmission and distribution)
Power generation capacity (YE 2022)** 29.9^ gigawatts (GW)
Water desalination capacity (YE 2022)** 1,060 million imperial gallons per day (MIGD) or 4.8 million cubic metres per day
Oil and gas production (FY 2022) 123.8 thousand barrels of oil equivalent per day

Note: US$1.00 = AED 3.6725; 1 cubic metre ≈ 220 million imperial gallons (MIG)
* Abu Dhabi Power Corporation (ADPC) is a wholly owned subsidiary of ADQ, one of the wholly owned strategic investment companies of the Emirate of Abu Dhabi
** Gross installed capacity as at Commercial Operations Date (“COD”)
^ Includes 5.0 GW under construction and 7.33 GW clean power capacity from Masdar

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