Investment Summary

TAQA Group Invests In A2 Independent Water and Power Project

On January 1, 2007, TAQA Group invested in utilities company A2 Independent Water and Power Project

Investment Highlights
  • This is TAQA Group’s 1st transaction in the Utilities sector.
  • This is TAQA Group’s 1st transaction in United Arab Emirates.

Investment Summary
Date 2007-01-01
Target A2 Independent Water and Power Project
Sector Utilities
Investor(s) TAQA Group
Deal Type Stake Purchase

Target

A2 Independent Water and Power Project

Abu Dhabi, United Arab Emirates
A2 Independent Water and Power Project consisting of CCGT (Combined Cycle Gas Turbine) power units and MSF distiller units, is located in the Taweelah district of the Emirate of Abu Dhabi and produces 710 MW of power and 50 MIGD of water. It has been in commercial operation since 2001, with more than seven accumulated years of safe and stable operations characterized by excellent energy efficiency and environmental performance.

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Investor(S) 1

Investor

TAQA Group

Abu Dhabi, United Arab Emirates

website

Category Company
Founded 2005
Sector Oil/Gas Exploration
DESCRIPTION

TAQA Group is a diversified utilities and energy group with significant power and water generation, transmission, and distribution assets, as well as upstream and midstream oil and gas operations. TAQA Group was founded in 2005 and is headquartered in Abu Dhabi, UAE.

DEAL STATS #
Overall 1 of 3
Sector (Utilities) 1 of 1
Type (Stake Purchase) 1 of 1
Country (United Arab Emirates) 1 of 2
Year (2007) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-29 DSM Energie Holding B.V.

Heerlen,, Netherlands

DSM Energie Holding B.V. offers oil and gas exploration and production services.

Buy €285M
Mergr

Product

Company

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