Deals
UAE’s Taqa to Offer More Shares in Asset-Transfer Deal
- Abu Dhabi energy company appoints new CEO, deputy and CFO
- Taqa shares drop, while Moody’s upgrades credit rating to Aa3
Taqa has 23 gigawatts of power-generation capacity globally, with assets in Canada, Ghana, India, Iraq, the U.S. and several other countries, it said.
Photographer: Jasper Juinen/Bloomberg
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Abu Dhabi’s Taqa plans to sell more shares after completing an asset-transfer deal with its parent, government-owned ADPower, that creates a utility giant in the Gulf Arab region.